7645521 7/13/2017 12:24 PM, NOK/SEK intraday: rebound


Our pivot point is at 1.0140.


Our preference

: rebound.


Alternative scenario

: the downside breakout of 1.0140 would call for 1.0110 and 1.0090.


Comment

: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the pair stands below its 20 and 50 MAs (respectively at 1.0160 and 1.0165).


Supports and resistances

:

1.0240 **

1.0230 *

1.0210 **

1.0190

1.0159 last

1.0150

1.0140 **

1.0110 *

1.0090 **