7640768 7/12/2017 5:05 PM, AUD/CHF intraday: target 0.7326


Our pivot point stands at 0.7387.


Our preference

: target 0.7326.


Alternative scenario

: above 0.7387, look for 0.7409 and 0.7422.


Comment

: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is below its 20 MA (0.7370) but above its 50 MA (0.7366).


Supports and resistances

:

0.7422 **

0.7409 *

0.7387 **

0.7378

0.7368 last

0.7339

0.7326 **

0.7313 *

0.7300 **