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Mar 06

TECHNICAL ANALYSIS BY NSFX 06.03.2014

By:

High:  Low: 

This is the fourth consecutive positive session for the cross rate that could rose above both the 21SMA and the 55EMA.  Next resistance at 102.93 then 103.88. Above there is 105.44,  the multiyear top. A retracement can bring the pair to 100.69: this support is the most relevant and below this level price could drop to 98.77 and then to 97.

R3
R2
R1
S1
S2
S3