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Mar 25

TECHNICAL ANALYSIS BY NSFX 25.03.2014

By:admin

High:  Low: 

After not being able to break the 76.4% Fibo retracement in recent wave, the pair has been sold off and tested the Ichimoku Cloud, but managed to stay above. Outlook still bullish, but the bearish crossover of the Tenkan-Sen on the Kijun-Sen could be warning of even lower levels. 100-day SMA and 50% Fibo as well as Cloud provides support, but a close below could open up for a test of below 140. Daily oscillators in neutral.

R3
R2
R1
S1
S2
S3