Monero / Dollar may fall to 145.1 - 146.6

Our pivot point stands at 151.5.

Our preference

The downside prevails as long as 151.5 is resistance.

Alternative scenario

Above 151.5, look for 154 and 155.5.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 150.1 and 149.9).

Supports and resistances

155.5 **

154.0 *

151.5 **

150.5

149.5 last

146.6

145.1 **

143.6 *

142.1 **

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