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Jan 31

TECHNICAL ANALYSIS BY NSFX 31.01.2014

By:Nati

High:  Low: 

Cable struggled to break the 1.66 figure resistance Wednesday and today has sold off to test the 1.6440 support. A break below could see the next support level found at the 50 day SMA and a supporting trend-line converging in the 1.6420 area. Resistance could now be expected toward 1.65 before the 1.66 level can be retested.

R3
R2
R1
S1
S2
S3