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May 21

TECHNICAL ANALYSIS BY NSFX 21.05.2014

By:Nati

High:  Low: 

Support tested last week at the 1.6750 and 50 day SMA areas and a close below this could signal a reverse the prevailing bullish trend. Support again expected towards the 1.68 figure psychological level, should we see an advance beyond  the 1.6820/40 area support. Resistance could see 1.6873 as an area of interest, before we can see a test of the 1.69 figure.

R3
R2
R1
S1
S2
S3