TECHNICAL ANALYSIS BY NSFX 05.03.2014
Trading taking place below the 100 day SMA resistance with support expected towards the 50 day SMA in 0.89 figure area. A breakout from this range may indicate if the down-trend is likely to continue following the recent AUD strength early this month. A break below the 50 day SMA could lead then to a test of the 0.8845 level. Resistance expected toward the 0.90 figure psychological level which currently coincides with the 100 day SMA.