7645523 7/13/2017 12:25 PM, NZD/CHF intraday: the upside prevails as long as 0.6998 is support


Our pivot point is at 0.6998.


Our preference

: the upside prevails as long as 0.6998 is support.


Alternative scenario

: the downside breakout of 0.6998 would call for 0.6971 and 0.6955.


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 above its 20 and 50 MAs (respectively at 0.7010 and 0.6995).


Supports and resistances

:

0.7105 **

0.7089 *

0.7073 **

0.7056

0.7023 last

0.7008

0.6998 **

0.6971 *

0.6955 **