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Mar 28

TECHNICAL ANALYSIS BY NSFX 28.03.2014

By:Nati

High:  Low: 

Cable has seen a positive week following last week’s losses. Support currently offered at the 1.66 figure with a break above the 1.6640/7 level could open a test of 1.6750 once more. A reversal of sentiment forcing a close below the 50 day SMA could see the 100 day SMA come into place close to the 1.65 figure.

R3
R2
R1
S1
S2
S3