in ANALISA by hafid zaini

7640831 7/12/2017 5:12 PM, NOK/JPY intraday: the upside prevails as long as 13.69 is support


Our pivot point stands at 13.69.


Our preference

: the upside prevails as long as 13.69 is support.


Alternative scenario

: the downside breakout of 13.69 would call for 13.63 and 13.59.


Comment

: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 13.72 and 13.72).


Supports and resistances

:

13.92 **

13.88 *

13.85 **

13.81

13.74 last

13.71

13.69 **

13.63 *

13.59 **