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Aug 22

TECHNICAL ANALYSIS BY NSFX 22.08.2013

By:Nati

High:  Low: 

So far today we have seen support tested in the 0.8930 area, before buyers entered and have pushed up the AUD to daily highs, and a possible area of resistance could be seen between 0.9025-0.9040. On the downside should a continuation of the downtrend continue and support mentioned is broken, we could see a retest of the low from the 5th of August at 0.8845

R3
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R1
S1
S2
S3