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Aug 07

TECHNICAL ANALYSIS BY NSFX 07.08.2015

By:Nati

High:  Low: 

The pair tested an interesting resistance level at 1.13, and  the AUD has gained 13% against the NZD in just 12 weeks, from the yearly low on the third of April. The 1.13 figure level was the triple top resistance late last year which rejection from here saw the sell off hit record lows. Support breaking toward the 1.10 figure level last week, as low as the 1.09 level before bullish sentiment returned.

R3
R2
R1
S1
S2
S3