7645506 7/13/2017 12:23 PM, GBP/NZD intraday: the downside prevails as long as 1.7758 is resistance


Our pivot point is at 1.7758.


Our preference

: the downside prevails as long as 1.7758 is resistance.


Alternative scenario

: above 1.7758, look for 1.7827 and 1.7869.


Comment

: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 1.7738 and 1.7747).


Supports and resistances

:

1.7869 **

1.7827 *

1.7758 **

1.7731

1.7692 last

1.7607

1.7566 **

1.7525 *

1.7484 **