Rebound towards 1.1593
(By Swissquote TRADING CENTRAL)
Our pivot (invalidation) point is at 1.1547.
Our preference
rebound towards 1.1593.
Alternative scenario
Below 1.1547, expect 1.1531 and 1.1522.
Comment
The RSI is below 50. The MACD is above its signal line and negative. The configuration is
mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 1.1562 and
1.1568)
