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Sep 20

TECHNICAL ANALYSIS BY NSFX 20.09.2015

By:

High:  Low: 

The pair is trading in a medium term trading range and found support on the 200SMA. Above this level it might test 0.99, the higher side of the trading range, and then 1.0130. The level 1.0225 should be the target in a bullish scenario. If the rate will trade below the 200SMA, at 0.9525, it may test the lower side of the channel at 0.91. In case it will trade beneath this area it should test 0.9.

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