TECHNICAL ANALYSIS BY NSFX 29.04.2014
Support expected towards the 1.10 figure. The 50 day SMA could offer resistance going forward should USD gain momentum. Trading below the 1.10 figure could see a test lower to the 1.09 support area. However should sentiment push the pair higher then a break above the 1.1070 area could see 1.1170 level come into play.