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Jul 23

TECHNICAL ANALYSIS BY NSFX 23.07.2013

By:admin

High:  Low: 

The pair is back flirting with the 50-day SMA again – a level which seems pivotal currently. The pais is still above the Ichimoku Cloud, but has not really managed to sustain above the psychological 100-level, and we see the pair as fragile for quick sell-offs. Since late June, the daily move have formed a Wedge, where something has to give.

R3
R2
R1
S1
S2
S3