Our pivot point stands at 3067.00.


Our preference

: as long as 3067 is support look for 3125.60.


Alternative scenario

: the downside breakout of 3067 would call for 3050.70 and 3041.


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 below its signal line and positive. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 3076.99 and 3057.89).


Supports and resistances

:

3145.10 **

3135.30 *

3125.60 **

3115.80

3094.68 last

3073.50

3067.00 **

3050.70 *

3041.00 **




































Kategori: ANALISA