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Oct 22

TECHNICAL ANALYSIS BY NSFX 22.10.2013

By:Nati

High:  Low: 

Bearish sentiment seems to be pushing the USD down against the CHF since early September, and we saw some retracement to the 38.2% Fibonacci level drawn from the 5th September high to the 3rd October low. Current support drawn from trend-line on chart at 0.9009 a close below this could open a test of 0.8968 the monthly low so far.

R3
R2
R1
S1
S2
S3