in ANALISA by hafid zaini

7640803 7/12/2017 5:09 PM, EUR/SEK intraday: the downside prevails as long as 9.6510 is resistance


Our pivot point stands at 9.6510.


Our preference

: the downside prevails as long as 9.6510 is resistance.


Alternative scenario

: the upside breakout of 9.6510, would call for 9.6740 and 9.6870.


Comment

: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair stands above its 20 MA (9.6332) but below its 50 MA (9.6344).


Supports and resistances

:

9.6870 **

9.6740 *

9.6510 **

9.6430

9.6337 last

9.6050

9.5910 **

9.5780 *

9.5650 **