Monero / Dollar may rise to 159.2 - 160.9

Our pivot point is at 152.9.

Our preference

The upside prevails as long as 152.9 is support.

Alternative scenario

Below 152.9, expect 150.0 and 148.3.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 154.9 and 154.7).

Supports and resistances

164.4 **

162.7 *

160.9 **

159.2

155.3 last

154.1

152.9 **

150.0 *

148.3 **

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