TECHNICAL ANALYSIS BY NSFX 05.05.2014
Breaking above the 50 day SMA and the 0.86 figure which offered psychological resistance, advancing beyond these levels 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 the next expected resistance level should bullish momentum continue.