Tuesday, September 18, 2012

USD/SEK intraday: the upside prevails as long as 6.573 is support


Our pivot point stands at 6.573.
Our preference: the upside prevails as long as 6..573 is support.
Alternative scenario: below 6.573 , expect 6.562 and 6.554.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs ( respectively at 6.574 and 6.5749).
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