7645514 7/13/2017 12:23 PM, EUR/NOK intraday: rebound towards 9.5050


Our pivot point stands at 9.4320.


Our preference

: rebound towards 9.5050.


Alternative scenario

: the downside breakout of 9.4320 would call for 9.4040 and 9.3870.


Comment

: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair stands below its 20 and 50 MAs (respectively at 9.4546 and 9.4607).


Supports and resistances

:

9.5390 **

9.5220 *

9.5050 **

9.4880

9.4541 last

9.4430

9.4320 **

9.4040 *

9.3870 **