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Analisi Tecnica
TECHNICAL ANALYSIS BY NSFX 08.03.2015
HIGH: | LOW:
The last time the pair traded at 1.084 was on September 2003. Three consecutive negative days brought EurUsd into oversold level and the parity is only 800 pips from current market price. Above 1.1 the rate might accelerate to the supply line generated last December. The nearest support is at 1.0555.
TECHNICAL ANALYSIS BY NSFX 06.03.2015
HIGH: | LOW:
The bearish breakout saw 1.12 figure support then giving way, and this could offer resistance going forward. The 1.1070 support level giving way, to today's 11 year low and test of the 1.10 figure. The 1.09 figure could be eyed by bearish traders going forward.
TECHNICAL ANALYSIS BY NSFX 06.03.2015
HIGH: | LOW:
Cable tested support at 1.5325 this week, should this level hold going forward a bullish trend may materialize. Resistance tested at the 1.55 figure and the 100 day SMA level. Should Sterling continue to rise against the USD we could see the 1.5620 area come into play. Breaking below support now sees the 50 Day[...]