Monero / Dollar may rise to 144.9 - 146.6

Our pivot point is at 139.4.

Our preference

Rebound towards 146.6.

Alternative scenario

The downside breakout of 139.4 would call for 136.6 and 134.9.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 141.8 and 142.6).

Supports and resistances

149.9 **

148.2 *

146.6 **

144.9

141.6 last

140.5

139.4 **

136.6 *

134.9 **

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