7647074 7/13/2017 6:09 PM, CAD/CHF intraday: the upside prevails as long as 0.7566 is support


Our pivot point stands at 0.7566.


Our preference

: the upside prevails as long as 0.7566 is support.


Alternative scenario

: the downside breakout of 0.7566 would call for 0.7542 and 0.7528.


Comment

: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 0.7566 and 0.7551).


Supports and resistances

:

0.7660 **

0.7645 *

0.7631 **

0.7617

0.7586 last

0.7575

0.7566 **

0.7542 *

0.7528 **