/ 

Jun 07

TECHNICAL ANALYSIS BY NSFX 07.06.2015

By:

High:  Low: 

The rate made a bearish spike not far from the 1.1464 static resistance and then retraced to test the 55EMA dymanic support. EurUsd might develop a medium term trading range with higher band at 1.1464 and lower band at 1.0468. Below this area the pair should test the parity; above the higher band EurUsd will test the 200SMA, now at 1.1588. The RSI indicator, now at 51 on the daily chart, shows that pair is trendless.

R3
R2
R1
S1
S2
S3