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Aug 02

TECHNICAL ANALYSIS BY NSFX 02.08.2013

By:admin

High:  Low: 

The pair had a strong session yesterday taking out the 200-day SMA and found resistance at the 61.8% Fibo retracement in the recent wave, where current price action is centered. Short term, the pair is capped by the 100 SMA on a 4H chart, where a close above could give scope for a test of the 0.94-figure before 0.9450. Downside, the pair has strong support at the 200-day SMA at 0.9347.

R3
R2
R1
S1
S2
S3