#XPD/USD

With both EMAs condition forming a Death Cross, then #XPD/USD today has the potential to continue the weakening toward its nearest support level.

Level-Level Kunci

1. Resistance. 2 : 1527.35

2. Resistance. 1 : 1508.47

3. Pivot : 1487.84

4. Support. 1 : 1468.96

5. Support. 2 : 1448.33

Tactical Scenario

Pressure Zone: If 1468.96 is broken down, there is potential for continued weakness toward 1448.33.

Momentum Extension Bias: If 1448.33 is also broken to the downside, #XPD/USD may continue weakening toward 1429.45.

Invalidation Level / Bias Revision

The downside bias is restrained if #XPD/USD strengthens and breaks out above 1527.35.

Technical Summary

EMA(50) : 1488.12

EMA(200): 1502.64

RSI(14) : 56.94

Economic News Release Agenda :

Today the United States will release the following economic data:

US - Cleveland Fed Inflation Expectations - Tentative

US - Existing Home Sales - 21:00 WIB