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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 |