0.1257 is our pivot point.
Our preference
The downside prevails as long as 0.1257 is resistance.
Alternative scenario
Above 0.1257, look for 0.1289 and 0.1309.
Comment
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.1247 and 0.1241).
Supports and resistances
0.1309 **
0.1289 *
0.1257 **
0.1244
0.1228 last
0.1186
0.1167 **
0.1147 *
0.1128 **
Number of asterisks represents the strength of support and resistance levels.


