Devisen

EUR/ZAR may rise 1082 - 1522 pips

2024-10-17

Our pivot point stands at 19.15.

Our preference

The upside prevails as long as 19.15 is support.

Alternative scenario

The downside breakout of 19.15 would call for 19.08 and 19.03.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 19.17 and 19.16).

Supports and resistances

19.47 **

19.42 *

19.38 **

19.34

19.23 last

19.18

19.15 **

19.08 *

19.03 **

Number of asterisks represents the strength of support and resistance levels.

Dies ist keine Anlageberatung. Vergangene Leistungen sind keine Garantie für zukünftige Ergebnisse. Ihr Kapital ist in Gefahr, bitte handeln Sie mit Vorsicht und Verantwortung.


Autor:

Paul Reid
Tradingtop

Einführung in die Tradingtop-Website


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