/ 

Aug 13

TECHNICAL ANALYSIS BY NSFX 13.08.2013

By:admin

High:  Low: 

A clear rejection of the 200-day SMA has extended lower and the pair is closing in on the prior break-out level at 1.5435, where we could see some bids coming in as typically seen after a pull-back. However an overall negative technical outlook could indicate that we will see a re-test of the 50-day SMA about a figure lower than current levels.

R3
R2
R1
S1
S2
S3