7647131 7/13/2017 6:17 PM, NOK/JPY intraday: the downside prevails as long as 13.71 is resistance


Our pivot point stands at 13.71.


Our preference

: the downside prevails as long as 13.71 is resistance.


Alternative scenario

: above 13.71, look for 13.77 and 13.81.


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 13.67 and 13.68).


Supports and resistances

:

13.81 **

13.77 *

13.71 **

13.68

13.64 last

13.54

13.51 **

13.47 *

13.43 **