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Aug 28

TECHNICAL ANALYSIS BY NSFX 28.08.2013

By:Nati

High:  Low: 

Support level seen in the area of 0.8900, and a break below 0.8875 could see further selling, although it remains a possibility there could be buying interest before this level is taken out. A close below this level could open up scope for a retest of the low from the 5th of August at 0.8845. A close above the 50 day SMA could see buyers take more interest, and a close above the 92 figure could see a double bottom formation.

R3
R2
R1
S1
S2
S3