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Mar 03

TECHNICAL ANALYSIS BY NSFX 03.03.2014

By:

High:  Low: 

The cross rate gapped down yesterday in the opening below 101.6 and now it could test static resistance at 100.8. Between this level and 100.42, where actually there is the 200SMA there will be a battle between bulls and bears. Above 102.75 the pair will find resistance at 103.7.  A new positive way could develop after a consolidate breakout above 105.3.

R3
R2
R1
S1
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S3