USD/ILS ST: the upside prevails as long as 3.439 is support
26-May-11
05:06
Our pivot point is at 3.439.
Our preference: the upside prevails as long as 3.439 is support.
Alternative scenario: below 3.439, expect 3.39 and 3.362.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (standing respectively at 3.4624 and 3.4663).
Supports and resistances:
3.624 *
3.595 **
3.566
3.483 last
3.458
3.439 **
3.39 *
Ticker: ILS
