7645540 7/13/2017 12:26 PM, USD/BRL intraday: the downside prevails as long as 3.2250 is resistance


Our pivot point stands at 3.2250.


Our preference

: the downside prevails as long as 3.2250 is resistance.


Alternative scenario

: above 3.2250, look for 3.2421 and 3.2524.


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 3.2223 and 3.2431).


Supports and resistances

:

3.2524 **

3.2421 *

3.2250 **

3.2182

3.2084 last

3.1869

3.1767 **

3.1665 *

3.1563 **