/ 

Oct 28

TECHNICAL ANALYSIS BY NSFX 28.10.2013

By:

High:  Low: 

The pair is trading just above the 200SMA after had a test for three consecutive days on the demand line. The next level to check would be the 21SMA at 97.82 but only above the supply line in area 99 would be possible to see a bullish uptrend with target 103.72. If the cross rate should retrace the first target is 97.3 and then below it price might accelerate to 95.79.

R3
R2
R1
S1
S2
S3