7640840 7/12/2017 5:14 PM, SGD/INR intraday: as long as 46.653 is support look for 46.856


Our pivot point stands at 46.653.


Our preference

: as long as 46.653 is support look for 46.856.


Alternative scenario

: the downside breakout of 46.653 would call for 46.577 and 46.532.


Comment

: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 46.702 and 46.664).


Supports and resistances

:

46.946 **

46.901 *

46.856 **

46.811

46.721 last

46.683

46.653 **

46.577 *

46.532 **