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Nov 28

TECHNICAL ANALYSIS BY NSFX 28.11.2013

By:Nati

High:  Low: 

The pair is currently testing the 1.36 resistance level, with support for the day again towards the 50 day SMA in the 1.3570 region. A close above this month's high at 1.3578 could lead to a continuation higher towards the 1.3645 resistance in effect last month. 1.3624 is the 61.8% Fibonacci level drawn from the high in October to this month's low and this could also offer resistance going forward.

R3
R2
R1
S1
S2
S3