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Jun 12

TECHNICAL ANALYSIS BY NSFX 12.06.2014

By:Nati

High:  Low: 

Down trend in effect, with the 200 day SMA offering an upper resistance level to the trend channel. The 0.8170 resistance level which is close to the 50 day SMA could be an interim level should bullish sentiment push the EUR higher, support expected towards the May low of 0.8082 and the spike low at 0.8065 were both tested yesterday giving way, with 0.8035 the next expected level.

R3
R2
R1
S1
S2
S3