/ 

Jan 19

TECHNICAL ANALYSIS BY NSFX 19.01.2016

By:

High:  Low: 

AUD is forming another descending structure; the local target is at 0.6530. Last week, the selling pressure was strong enough to take out the September main bottom at 0.6908. AUD resumed the downward push against its US counterpart after brief period of consolidation.

R3
R2
R1
S1
S2
S3