7647093 7/13/2017 6:11 PM, EUR/HUF intraday: under pressure below 307.49


Our pivot point is at 307.49.


Our preference

: under pressure below 307.49.


Alternative scenario

: above 307.49, look for 308.01 and 308.32.


Comment

: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 307.13 and 307.03).


Supports and resistances

:

308.32 **

308.01 *

307.49 **

307.28

307.01 last

306.26

305.95 **

305.64 *

305.33 **