7640778 7/12/2017 5:06 PM, CHF/PLN intraday: the upside prevails as long as 3.8283 is support


Our pivot point is at 3.8283.


Our preference

: the upside prevails as long as 3.8283 is support.


Alternative scenario

: the downside breakout of 3.8283 would call for 3.8054 and 3.7917.


Comment

: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 3.8379 and 3.8387).


Supports and resistances

:

3.9177 **

3.9041 *

3.8904 **

3.8768

3.8465 last

3.8373

3.8283 **

3.8054 *

3.7917 **