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Jun 24

TECHNICAL ANALYSIS BY NSFX 24.06.2013

By:admin

High:  Low: 

On a weekly basis, the pair is capped in between the Tenkan-sen and the Kijun-Sen in the Ichimoku Cloud formation and close outside, could indicate further direction. On a daily basis, the pair is in the Cloud, and so far rejected at the 38.2% Fibo retracement in the wave from late Feb 2013 to 2013 highs. Stochastics are currently showing signs of divergence, indicating a short-term pull-back.

R3
R2
R1
S1
S2
S3