in ANALISA by hafid zaini

7647142 7/13/2017 6:20 PM, USD/BRL intraday: the downside prevails as long as 3.2251 is resistance


Our pivot point stands at 3.2251.


Our preference

: the downside prevails as long as 3.2251 is resistance.


Alternative scenario

: above 3.2251, look for 3.2424 and 3.2527.


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 stands below its 20 and 50 MAs (respectively at 3.2223 and 3.2431).


Supports and resistances

:

3.2527 **

3.2424 *

3.2251 **

3.2183

3.2084 last

3.1868

3.1765 **

3.1662 *

3.1559 **