/ 

Sep 13

TECHNICAL ANALYSIS BY NSFX 13.09.2013

By:admin

High:  Low: 

After taking out the June top at 1.5751, the pair has sustained above, but not managed a follow-through. The pair posted a spinning top in yesterday's trading session, which is a sign of an indecisive market. As we wrote yesterday, we could see a pull-back towards the prior break-out before once again heading higher. Overbought RSI and Stochastics on daily could add offers on the supply-side.

R3
R2
R1
S1
S2
S3