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Aug 31

TECHNICAL ANALYSIS BY NSFX 31.08.2014

By:

High:  Low: 

UsdChf is at its 2014 top and a breakout above 0.9190 can lift the pair to 0.925. In case the channel will be broken on the upside the price  projection of the rate is in area 0.95.  In case selling pressure will bring down the rate the first relevant support is in area 0.9030. Below this level the pair might fall to 0.8940.

R3
R2
R1
S1
S2
S3