7640791 7/12/2017 5:08 PM, EUR/INR intraday: as long as 73.752 is support look for 74.386


Our pivot point is at 73.752.


Our preference

: as long as 73.752 is support look for 74.386.


Alternative scenario

: the downside breakout of 73.752 would call for 73.519 and 73.381.


Comment

: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 73.862 and 73.679).


Supports and resistances

:

74.664 **

74.525 *

74.386 **

74.247

73.960 last

73.844

73.752 **

73.519 *

73.381 **