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Jan 14

TECHNICAL ANALYSIS BY NSFX 14.01.2014

By:admin

High:  Low: 

After printing multi-year highs on the first day of the trading year in 2014, the pair has corrected lower – through the Tenkan-Sen and Kijun-Sen in the Ichimoku formation – finding support at the 50-day SMA at 103.10. Should price action continue to the downside, then we could see a test of cloud resistance soon, currently close to the 102-figure.

R3
R2
R1
S1
S2
S3