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Feb 26

TECHNICAL ANALYSIS BY NSFX 26.02.2014

By:Nati

High:  Low: 

Since the resistance turned support trend-line was confirmed early this month we see the EUR gaining against the JPY with resistance currently in the 141 figure area following tests all last week. Support expected towards the 100 day SMA and the supporting trend-line in the 139.15-13940 region. Resistance in the 50 day SMA region with 141 above also seeing offers a breakout from this area could see interest.

R3
R2
R1
S1
S2
S3