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Apr
03
TECHNICAL ANALYSIS BY NSFX 03.04.2014
By:Nati
High: Low:
Support at 1.3810 which failed during last Wednesday’s session and this is now expected to offer resistance and this level held yesterday. Further resistance towards the 1.3850 area with a continuation above that area possibly targeting the 1.39 figure. A close below the important 100 day SMA at the 1.37 figure could give a strong signal of a reversal to the recent bullish trend.
R3 | |
R2 | |
R1 |
S1 | |
S2 | |
S3 |