Analisi Tecnica

Set 16

TECHNICAL ANALYSIS BY NSFX 16.09.2015

by: Nati

HIGH: | LOW:

Going back to the beginning of the year we see price action recover some of the losses which occurred in January. Prices reaching a 6 month high of 1.0961 and this could offer resistance going forward should the 1.09 figure be passed. Support expected in the 1.0710-30 region which was tested during August.

16

TECHNICAL ANALYSIS BY NSFX 16.09.2015

by: Nati

HIGH: | LOW:

Breaking through the 1.3060 2009 high level broken at the start of the month, which we saw prices pull back below during last week to test the 1.3060 level. 1.3060 and the 1.31 figure passed following bullish sentiment and we saw a yearly high during last week’s trading.

16

TECHNICAL ANALYSIS BY NSFX 16.09.2015

by: Nati

HIGH: | LOW:

Support now expected in the 184.70 area going forward with the 187.70 level the next area of resistance for bullish traders going forward. A breakout through the nearer 200 day SMA level at the 186 figure area resistance could halt the short term rise.