Our pivot point stands at 0.2914.
Our preference
As long as 0.2914 is support look for 0.3096.
Alternative scenario
Below 0.2914, expect 0.2854 and 0.2818.
Comment
The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 0.2958 and 0.2917).
Supports and resistances
0.3168 **
0.3132 *
0.3096 **
0.3060
0.2965 last
0.2938
0.2914 **
0.2854 *
0.2818 **
Our preference
As long as 0.2914 is support look for 0.3096.
Alternative scenario
Below 0.2914, expect 0.2854 and 0.2818.
Comment
The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 0.2958 and 0.2917).
Supports and resistances
0.3168 **
0.3132 *
0.3096 **
0.3060
0.2965 last
0.2938
0.2914 **
0.2854 *
0.2818 **
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