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Jan 16

TECHNICAL ANALYSIS BY NSFX 16.01.2014

By:admin

High:  Low: 

This morning, the pair has taken out the 2013 lows at 0.8848, which triggered stops and additional downside price action. Next support at 0.8770 (lows from August 2010), before 0.8651 and then 0.8545 (50% Fibo in LT wave from 2008 lows to 2011 highs).

R3
R2
R1
S1
S2
S3