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Oct 21

TECHNICAL ANALYSIS BY NSFX 21.10.2013

By:

High:  Low: 

The cross rate is trading above key  area 1.6162 and the next test is at 1.6255. A breakout of this level will lift the price at 1.6310, a 2 year top. Above this level 1.66 could be the first significant target, a price area reached in 2011. If the dollar should gain ground then 1.6064 would be the first retracement level.  Very important 1.5888 support.

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