7647162 7/13/2017 6:22 PM, USD/INR intraday: rebound towards 64.65


Our pivot point is at 64.35.


Our preference

: rebound towards 64.65.


Alternative scenario

: the downside breakout of 64.35 would call for 64.25 and 64.18.


Comment

: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair stands below its 20 and 50 MAs (respectively at 64.47 and 64.50).


Supports and resistances

:

64.77 **

64.71 *

64.65 **

64.58

64.44 last

64.39

64.35 **

64.25 *

64.18 **