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Aug 27

TECHNICAL ANALYSIS BY NSFX 27.08.2013

By:Nati

High:  Low: 

Selling of the AUD continues today, with 97 pips dropped since opening at 0.9032. Support level seen at last weeks low of 0.8930, and a break below this level could open up scope for a retest of the low from the 5th of August at 0.8845. A close below 0.8875 could see further selling, although it remains a possibility there could be buying interest before this level is taken out.

R3
R2
R1
S1
S2
S3