Our pivot point is at 22.845.


Our preference

: rebound.


Alternative scenario

: below 22.845, expect 22.759 and 22.708.


Comment

: the RSI is above 70. It could mean either that the pair is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the pair stands above its 20 MA (22.901) but below its 50 MA (22.930).


Supports and resistances

:

23.181 **

23.130 *

23.079 **

23.028

22.925 last

22.879

22.845 **

22.759 *

22.708 **




































Kategori: ANALISA