7645560 7/13/2017 12:30 PM, USD/ZAR intraday: rebound towards 13.4120


Our pivot point stands at 13.1680.


Our preference

: rebound towards 13.4120.


Alternative scenario

: below 13.1680, expect 13.0730 and 13.0170.


Comment

: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 13.2477 and 13.3138).


Supports and resistances

:

13.5250 **

13.4680 *

13.4120 **

13.3550

13.2423 last

13.2050

13.1680 **

13.0730 *

13.0170 **