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Mar
13
TECHNICAL ANALYSIS BY NSFX 13.03.2014
By:admin
High: Low:
The pair has formed a wedge with lower highs and higher lows since the beginning of 2014 and the range is getting narrower, meaning that something has to give. 50% Fibo retracement in long term wave seems pivotal coinciding with 50-day SMA. Slight divergence in stochastitcs and price action could call for lower levels.
R3 | |
R2 | |
R1 |
S1 | |
S2 | |
S3 |