7647118 7/13/2017 6:16 PM, GBP/SEK intraday: the downside prevails as long as 10.86 is resistance


10.86 is our pivot point.


Our preference

: the downside prevails as long as 10.86 is resistance.


Alternative scenario

: the upside breakout of 10.86, would call for 10.90 and 10.92.


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 stands below its 20 and 50 MAs (respectively at 10.83 and 10.84).


Supports and resistances

:

10.92 **

10.90 *

10.86 **

10.85

10.82 last

10.77

10.75 **

10.72 *

10.70 **