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Oct 03

TECHNICAL ANALYSIS BY NSFX 03.10.2013

By:Nati

High:  Low: 

Current price action respecting the resistance trend-line from the high on the 19th of September through lower highs. Support found yesterday just above the 50 day SMA at the supporting trend-line drawn through the lows from the 12th August and the 30th of the same month. EUR strength could see break out tests of  133.50 followed by 134.00, while downside action could see support levels drawn at 132.00 before the trend-line at 131.57 can bee tested.

R3
R2
R1
S1
S2
S3