in ANALISA by hafid zaini

7640775 7/12/2017 5:06 PM, EUR/CAD intraday: as long as 1.4760 is support look for 1.4920


Our pivot point is at 1.4760.


Our preference

: as long as 1.4760 is support look for 1.4920.


Alternative scenario

: the downside breakout of 1.4760 would call for 1.4700 and 1.4664.


Comment

: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 1.4805 and 1.4789).


Supports and resistances

:

1.4992 **

1.4956 *

1.4920 **

1.4884

1.4811 last

1.4784

1.4760 **

1.4700 *

1.4664 **