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Jul 16

TECHNICAL ANALYSIS BY NSFX 16.07.2013

By:admin

High:  Low: 

On a daily chart, the pair closed above Cloud Resistance as well as the 50-day SMA yesterday. The morning session has showed a cap of bullish sentiment at the Tenkan-Sen, but bids could be seen at the 50-day SMA, for a re-test of the Tenkan-Sen. A break above would open up for a test of trend resistance at 101.10.

R3
R2
R1
S1
S2
S3