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Dec 04

TECHNICAL ANALYSIS BY NSFX 04.12.2014

By:Nati

High:  Low: 

Resistance met at the area of the 100 day SMA and the upper band of the downward trend channel in the 1.4250/60 region, with the next level of resistance beyond that expected to be 1.4350. A break below 1.40 leading to another possible test of the recent low at 1.3889 with the 1.40 figure possibly offering resistance going forward.

R3
R2
R1
S1
S2
S3