Monero / Dollar may fall to 135.9 - 137.5

143.5 is our pivot point.

Our preference

The downside prevails as long as 143.5 is resistance.

Alternative scenario

Above 143.5, look for 146.3 and 147.9.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 142.6 and 142.3).

Supports and resistances

147.9 **

146.3 *

143.5 **

142.4

141.3 last

137.5

135.9 **

134.2 *

132.6 **

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