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Jan 22

TECHNICAL ANALYSIS BY NSFX 22.01.2014

By:Nati

High:  Low: 

Cable broke through the resistance above the 1.6445 area and now the possibility of 1.65 resistance level being tested  is there, with the 1.6445 area now offering support. The 50 day SMA raising possible support to 1.6380 with a supporting trend-line joining the lows of the 9th of July and Friday’s low currently at 1.6350.

R3
R2
R1
S1
S2
S3