7647101 7/13/2017 6:12 PM, EUR/RON intraday: the downside prevails as long as 4.5673 is resistance


Our pivot point is at 4.5673.


Our preference

: the downside prevails as long as 4.5673 is resistance.


Alternative scenario

: above 4.5673, look for 4.5730 and 4.5764.


Comment

: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 4.5635 and 4.5641).


Supports and resistances

:

4.5764 **

4.5730 *

4.5673 **

4.5650

4.5626 last

4.5554

4.5520 **

4.5486 *

4.5452 **