TECHNICAL ANALYSIS BY NSFX 18.09.2014
The trend channel support towards 0.7870 saw Euro interest. EUR gains took out the 0.80 figure resistance before the 0.8035 level saw possible profit taking. Yesterday’s test of the 0.8035 was the third rejection at that level leading to the pair had found support at 0.7960 so far this week before giving way during yesterday’s session. Resistance expected towards the 0.80 figure.