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Aug 15

TECHNICAL ANALYSIS BY NSFX 15.08.2013

By:admin

High:  Low: 

The pair met resistance at the 50-day SMA following a decent rally from the 76.4% Fibo retracement in recent wave. Currently, the pair is stuck between the 50-day SMA at 98.33 and 61,8% Fibo retracement coinciding with the Tenkan-Sen at 97.60. We could see some consolidation in this range for now.

R3
R2
R1
S1
S2
S3