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Feb 20

TECHNICAL ANALYSIS BY NSFX 20.02.2014

By:

High:  Low: 

Second consecutive negative trading session for the cross rate that could test 1.3690. Below this level the 21SMA and the 55EMA are both at 1.323.  The most important support to mantain a moderate positive view on the pair is at  1.3480. A brekout of 1.377 can lift the pair to 1.3825 then to 1.39.

R3
R2
R1
S1
S2
S3