http://prntscr.com/4fkkqc
analysis for today 8 / 25 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle AUDCHF on the date 8 / 22 / 2014
OPEN 0.8477
HIGH 0.8518
LOW 0.8475
CLOSED 0.8511
The third resistance (R3) 0.8518 -( 0.8501 - 0.8475 = 0.0026 x 2 = 0.0053 )= 0.8571
The second Resistance (R2) 0.8501 + 0.8518 - 0.8475 = 0.8544
First resistance (R1) 0.8501 x 2 = 1.7003 - 0.8475 = 0.8528
pivot points 0.8518 + 0.8475 + 0.8511 = 2.5504 / 3 = 0.8501
Support for the first (S1) 0.8501 x 2 = 1.7003 - 0.8518 = 0.8485
Support second (S2) 0.8501 -( 0.8518 - 0.8475 = 0.0043 ) = 0.8458
Third Support (S3) 0.8475 -( 0.8518 - 0.8501 = 0.0017 x 2 = 0.0033 )= 0.8442


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