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Oct 07

TECHNICAL ANALYSIS BY NSFX 07.10.2014

By:Nati

High:  Low: 

Rejected towards the resistance level at the March high towards 1.1280 with the 1.11 figure possibly eyed as a supporting level going forward. Possible period of consolidation could take place following the rejection off the highs, although the trend could continue and possibly retest this level. A bearish break of the supporting trend-line could see the 1.0650 area tested once more.

R3
R2
R1
S1
S2
S3