Our pivot point stands at 81.99.


Our preference

: the upside prevails as long as 81.99 is support.


Alternative scenario

: the downside breakout of 81.99 would call for 81.70 and 81.53.


Comment

: the RSI is trading above 70. This could mean that either the pair is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 82.04 and 81.96).


Supports and resistances

:

83.08 **

82.91 *

82.74 **

82.57

82.22 last

82.10

81.99 **

81.70 *

81.53 **




































Kategori: ANALISA