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Jan 25

TECHNICAL ANALYSIS BY NSFX 25.01.2015

By:

High:  Low: 

There is a lot of trading activity near the 200SMA and just below this level the double bottom at 175.78 can be considered a support. In case of a strong Japanese Yen the rate might drop to 168.03. In case of  a trading range environment the bands of the range should be 175.78 and 180.84. A breakout above this level can lift the pair to test its supply line that was generated last December.

R3
R2
R1
S1
S2
S3