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Jun 18

TECHNICAL ANALYSIS BY NSFX 18.06.2014

By:Nati

High:  Low: 

We could have seen a bottom at 1.0820 after seeing buy orders entered at the 200 day SMA level which is currently at 1.0850. The 100 day SMA and the 1.10 figure level could be a potential target for bullish traders going forward should the 200 day SMA see the buying interest that was seen last time it was met, and the 1.09 level and 50 day SMA is passed.

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