/ 

Aug 22

TECHNICAL ANALYSIS BY NSFX 22.08.2013

By:Nati

High:  Low: 

Late last week saw a breakout above the downward trend-line, although today could be the start of a possible correction. A close below the 50% Fibonacci level could see a test of trend-line support in the 1.5530 area. However if the 50% Fibo level holds, buyers could push towards the 61.8% resistance level, an area of resistance in June.

R3
R2
R1
S1
S2
S3