Monero / Dollar may fall to 136.9 - 138.6

Our pivot point is at 144.1.

Our preference

Under pressure below 144.1.

Alternative scenario

Above 144.1, look for 146.9 and 148.5.

Comment

The RSI is below its neutrality area at 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 142.3 and 142.1).

Supports and resistances

148.5 **

146.9 *

144.1 **

143.0

141.9 last

138.6

136.9 **

135.3 *

133.6 **

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