TECHNICAL ANALYSIS BY NSFX 08.05.2014
We now see 0.8640 a possible supporting level going forward. Further support expected towards 0.86 figure should bearish sentiment return. Should this give way and the next expected level towards the 0.8542 area. 0.87 resistance level giving way yesterday before coming back to trade close to this figure in yesterday’s session, and should bullish momentum continue, the next level beyond this area expected towards 0.8745.