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Apr 19

TECHNICAL ANALYSIS BY NSFX 19.04.2015

By:

High:  Low: 

The rate is trading in a range with higher band at 1.11 and lower band at 1.046. A breakout above 1.11 might lift the pair to 1.146 and then to 1.165. If EurUsd should continue its distribution phase then most relevant bearish target would be the parity. Below 1 the rate will find 0.97 as a support.

R3
R2
R1
S1
S2
S3