Our pivot point is at 0.0970.
Our preference
The upside prevails as long as 0.0970 is support.
Alternative scenario
Below 0.0970, expect 0.0944 and 0.0928.
Comment
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.0979 and 0.0979).
Supports and resistances
0.1080 **
0.1064 *
0.1049 **
0.1033
0.0998 last
0.0981
0.0970 **
0.0944 *
0.0928 **
Number of asterisks represents the strength of support and resistance levels.


