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Mar 06

TECHNICAL ANALYSIS BY NSFX 06.03.2015

By:Nati

High:  Low: 

Cable tested support at 1.5325 this week, should this level hold going forward a bullish trend may materialize. Resistance tested at the 1.55 figure and the 100 day SMA level. Should Sterling continue to rise against the USD we could see the 1.5620 area come into play. Breaking below support now sees the 50 Day SMA tested at 1.5230

R3
R2
R1
S1
S2
S3