TECHNICAL ANALYSIS BY NSFX 09.09.2014
The descending trend-line connecting the 2010 and 2013 highs broke leading to the bullish advances towards the 0.92 figure and beyond. Support now expected toward the 0.9250 area. The 0.93 figure an interesting area going forward, as stops could have been moved to this level following last week’s advance. 0.94 an interesting level should bullish sentiment continue, with 0.9465 an area of interest beyond.