http://prntscr.com/4vpn5e
analysis for today 10 / 13 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle AUDCHF on the date 10 / 10 / 2014
OPEN 0.8380
HIGH 0.8380
LOW 0.8309
CLOSED 0.8310
The third resistance (R3) 0.8380 -( 0.8333 - 0.8309 = 0.0024 x 2 = 0.0048 )= 0.8428
The second Resistance (R2) 0.8333 + 0.8380 - 0.8309 = 0.8404
First resistance (R1) 0.8333 x 2 = 1.6666 - 0.8309 = 0.8357
pivot points 0.8380 + 0.8309 + 0.8310 = 2.4999 / 3 = 0.8333
Support for the first (S1) 0.8333 x 2 = 1.6666 - 0.8380 = 0.8286
Support second (S2) 0.8333 -( 0.8380 - 0.8309 = 0.0071 ) = 0.8262
Third Support (S3) 0.8309 -( 0.8380 - 0.8333 = 0.0047 x 2 = 0.0094 )= 0.8215


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