/ 

Jul 08

TECHNICAL ANALYSIS BY NSFX 08.07.2013

By:admin

High:  Low: 

The pair took home it's third weekly loss in a row, showing three black crows on weekly, which could indicate further downside. Daily, the pair closed below trend support from early April is pushing for a test of the Nov 2012 trend support around 1.2790 coinciding with the May 2013 lows. A close below would open up for a test of 2013 lows at 1.2745. Daily stochastics in oversold territory and RSI just above.

R3
R2
R1
S1
S2
S3