in ANALISA by hafid zaini

7640850 7/12/2017 5:15 PM, USD/CLP intraday: target 661.77


Our pivot point stands at 668.47.


Our preference

: target 661.77.


Alternative scenario

: above 668.47, look for 670.88 and 672.31.


Comment

: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is below its 20 MA (666.61) but above its 50 MA (666.44).


Supports and resistances

:

672.31 **

670.88 *

668.47 **

667.53

666.44 last

663.20

661.77 **

660.34 *

658.91 **