7645441 7/13/2017 12:17 PM, AUD/CHF intraday: as long as 0.7393 is support look for 0.7462


Our pivot point stands at 0.7393.


Our preference

: as long as 0.7393 is support look for 0.7462.


Alternative scenario

: the downside breakout of 0.7393 would call for 0.7367 and 0.7352.


Comment

: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 0.7411 and 0.7394).


Supports and resistances

:

0.7492 **

0.7477 *

0.7462 **

0.7447

0.7416 last

0.7403

0.7393 **

0.7367 *

0.7352 **