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Feb 17

TECHNICAL ANALYSIS BY NSFX 17.02.2014

By:admin

High:  Low: 

After touching the 38.2% Fibo retracement in the recent wave last week, the pair has once again headed lower, closing the week below the 100-day SMA and Tenkan-Sen in the Ichimoku Cloud. The daily technical outlook is not very positive as we closed below the Cloud last week, which from the point of the Ichimoku formation now bearish and in a declining market. See more on https://world.nsfx.com/forex_trading/forex-presentations/technical-analysis-ichimoku-cloud/

R3
R2
R1
S1
S2
S3