/ 

May 12

TECHNICAL ANALYSIS BY NSFX 12.05.2014

By:Nati

High:  Low: 

Resistance expected towards 1.6920 should we see an advance beyond the 1.6873 area. Support in the 1.6820 area expected should bearish traders send prices lower following Friday’s sell off. A decline further could see the 1.6750 and 50 day SMA tested and a close below this area could signal a reverse the prevailing bullish trend.

R3
R2
R1
S1
S2
S3