Thursday, September 27, 2012

USD/SEK intraday: as long as 6.572 is support look for 6.612


Our pivot point stands at 6.572.
Our preference: as long as 6.572 is support look for 6.612.
Alternative scenario: below 6.572, expect 6.559 and 6.552.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace.
Moreover, the pair is below its 20 MA (6.5862) but above its 50 MA (6.5729).

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