TECHNICAL ANALYSIS BY NSFX 18.03.2016
Dollar weakness combining with Yen strength has led to the third test in recent weeks of the 111 figure support level. A break below could then see the 110 figure tested. Further bearish action could see the 105 area support area should the Greenback continue its decline. Bullish traders would like to see prices again above the 113 figure trendline, and a possible test of the 1 50 day SMA and the 115.50 resistance level.