7647121 7/13/2017 6:16 PM, EUR/NOK intraday: the downside prevails as long as 9.4640 is resistance


9.4640 is our pivot point.


Our preference

: the downside prevails as long as 9.4640 is resistance.


Alternative scenario

: above 9.4640, look for 9.4930 and 9.5100.


Comment

: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 9.4469 and 9.4515).


Supports and resistances

:

9.5100 **

9.4930 *

9.4640 **

9.4530

9.4406 last

9.3890

9.3720 **

9.3550 *

9.3380 **