Date : 26 August 2020
Pivot point : 11217
Our preference : rebound.
Alternative scenario : the downside breakout of 11217 would call for 11045 and 10942.
Comment : the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the pair stands above its 20 MA (11339) but below its 50 MA (11434).
Supports and resistances :
11382 – 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.