7645517 7/13/2017 12:24 PM, JPY/INR intraday: the upside prevails as long as 0.5685 is support


0.5685 is our pivot point.


Our preference

: the upside prevails as long as 0.5685 is support.


Alternative scenario

: below 0.5685, expect 0.5666 and 0.5655.


Comment

: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 0.5694 and 0.5667).


Supports and resistances

:

0.5757 **

0.5746 *

0.5735 **

0.5724

0.5701 last

0.5692

0.5685 **

0.5666 *

0.5655 **