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Aug 12

TECHNICAL ANALYSIS BY NSFX 12.08.2014

By:Nati

High:  Low: 

Trading up from the test of the supporting trend-line connecting the lows from September 2012 and September 2013 we see the USD gain some ground off last month’s low of 1.0620 Resistance expected towards the 1.10 figure area. Short term we could see a range between 1.09 and 1.0970, before possible breakout towards next level.

R3
R2
R1
S1
S2
S3