7640799 7/12/2017 5:09 PM, EUR/RON intraday: as long as 4.5753 is resistance expect 4.5590


Our pivot point is at 4.5753.


Our preference

: as long as 4.5753 is resistance expect 4.5590.


Alternative scenario

: above 4.5753, look for 4.5811 and 4.5845.


Comment

: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is above its 20 and 50 MAs (respectively at 4.5704 and 4.5707).


Supports and resistances

:

4.5845 **

4.5811 *

4.5753 **

4.5731

4.5708 last

4.5624

4.5590 **

4.5556 *

4.5522 **