USD/CNH intraday : the upside prevails as long as 7.2198 is support

Our pivot point is at 7.2198.

Our preference: the upside prevails as long as 7.2198 is support

Alternative scenario: below 7.2198, expect 7.2089 and 7.2024.

Comment: the RSI is above its neutrality area at 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 7.2223 and 7.2185).

Supports and resistances:

7.2613 **

7.2547 *

7.2482 **

7.2417

7.2286 last

7.2241

7.2198 **