in ANALISA by hafid zaini

7647137 7/13/2017 6:19 PM, SGD/INR intraday: target 46.637


Our pivot point is at 46.851.


Our preference

: target 46.637.


Alternative scenario

: above 46.851, look for 46.927 and 46.972.


Comment

: the RSI is below its neutrality area at 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 below its 20 MA (46.790) but above its 50 MA (46.707).


Supports and resistances

:

46.972 **

46.927 *

46.851 **

46.821

46.778 last

46.682

46.637 **

46.592 *

46.547 **