Monero / Dollar may fall to 145.4 - 147.1

Our pivot point is at 152.7.

Our preference

Target 145.4.

Alternative scenario

Above 152.7, look for 155.5 and 157.2.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (150.6) but above its 50 period moving average (150.4).

Supports and resistances

157.2 **

155.5 *

152.7 **

151.6

150.5 last

147.1

145.4 **

143.7 *

142.1 **

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