7647138 7/13/2017 6:19 PM, SGD/JPY intraday: the downside prevails as long as 82.27 is resistance


82.27 is our pivot point.


Our preference

: the downside prevails as long as 82.27 is resistance.


Alternative scenario

: the upside breakout of 82.27, would call for 82.52 and 82.67.


Comment

: the RSI is below its neutrality area at 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 82.10 and 82.15).


Supports and resistances

:

82.67 **

82.52 *

82.27 **

82.17

82.04 last

81.71

81.57 **

81.42 *

81.27 **