Our pivot point stands at 0.0978.
Our preference
Rebound.
Alternative scenario
Below 0.0978, expect 0.0959 and 0.0948.
Comment
The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (0.0992) but below its 50 period moving average (0.1004).
Supports and resistances
0.1056 **
0.1045 *
0.1034 **
0.1022
0.0999 last
0.0986
0.0978 **
0.0959 *
0.0948 **
Number of asterisks represents the strength of support and resistance levels.


