7640779 7/12/2017 5:07 PM, CHF/SEK intraday: above its upper Bollinger band


Our pivot point is at 8.71.


Our preference

: the upside prevails as long as 8.71 is support.


Alternative scenario

: below 8.71, expect 8.69 and 8.67.


Comment

: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 8.72 and 8.72). Finally, the CHF/SEK has crossed above its upper Bollinger band (8.73).


Supports and resistances

:

8.80 **

8.79 *

8.77 **

8.76

8.73 last

8.72

8.71 **

8.69 *

8.67 **