TECHNICAL ANALYSIS BY NSFX 24.07.2014
Meeting resistance last week towards 1.0835 which gave way yesterday. Support expected towards 1.0740 should AUD bears push the price lower. The 1.07 figure psychological level could offer further support. A resistance trend-line in the 1.0910 region broken following NZD weakness. Resistance now expected towards the 1.1020 area.