7645455 7/13/2017 12:18 PM, CHF/PLN intraday: rebound


Our pivot point is at 3.8162.


Our preference

: rebound.


Alternative scenario

: below 3.8162, expect 3.7873 and 3.7700.


Comment

: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the pair is trading above its 20 MA (3.8396) but under its 50 MA (3.8418).


Supports and resistances

:

3.9263 **

3.9091 *

3.8918 **

3.8746

3.8398 last

3.8276

3.8162 **

3.7873 *

3.7700 **