/ 

Aug 01

TECHNICAL ANALYSIS BY NSFX 01.08.2013

By:admin

High:  Low: 

Cable has lost more than 2 figures this week so far and the outlook is not particularly bullish, after the pair took out both the 50- and 100-day SMAs earlier in the week. Current support at the 50% Fibo retracement in the recent wave at 1.5120, before the 1.51-figure. Oversold Stochastics could indicate some kind of reversal, but downside is still preferable.

R3
R2
R1
S1
S2
S3