Monero / Dollar may fall to 135.2 - 136.8

Our pivot point stands at 143.7.

Our preference

The downside prevails as long as 143.7 is resistance.

Alternative scenario

Above 143.7, look for 146.3 and 147.9.

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 144.1 and 148.3).

Supports and resistances

147.9 **

146.3 *

143.7 **

142.6

139.9 last

136.8

135.2 **

133.7 *

132.1 **

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