Date : 17 August 2020
Pivot point : 11995
Our preference : the downside prevails as long as 11995 is resistance.
Alternative scenario : the upside breakout of 11995, would call for 12175 and 12282.
Comment : the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 11854 and 11849).
Supports and resistances :
11833 – Last price
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.