0.0974 is our pivot point.
Our preference
Under pressure below 0.0974.
Alternative scenario
Above 0.0974, look for 0.0999 and 0.1014.
Comment
The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.0968 and 0.0963).
Supports and resistances
0.1014 **
0.0999 *
0.0974 **
0.0964
0.0952 last
0.0919
0.0904 **
0.0889 *
0.0874 **
Number of asterisks represents the strength of support and resistance levels.


