Monero / Dollar may fall to 156.3 - 158.0

Our pivot point stands at 165.0.

Our preference

Eye 156.3.

Alternative scenario

Above 165.0, look for 168.0 and 169.8.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is below its 20 period moving average (167.9) but above its 50 period moving average (161.9).

Supports and resistances

169.8 **

168.0 *

165.0 **

163.8

162.6 last

158.0

156.3 **

154.5 *

152.7 **

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