7645548 7/13/2017 12:28 PM, USD/ILS intraday: rebound towards 3.5595


3.5311 is our pivot point.


Our preference

: rebound towards 3.5595.


Alternative scenario

: the downside breakout of 3.5311 would call for 3.5208 and 3.5146.


Comment

: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair stands below its 20 and 50 MAs (respectively at 3.5449 and 3.5581).


Supports and resistances

:

3.5718 **

3.5656 *

3.5595 **

3.5534

3.5407 last

3.5351

3.5311 **

3.5208 *

3.5146 **