Monero / Dollar may rise to 143.4 - 145.1

Our pivot point stands at 137.5.

Our preference

Rebound towards 145.1.

Alternative scenario

The downside breakout of 137.5 would call for 134.7 and 133.1.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 140.2 and 141.3).

Supports and resistances

148.4 **

146.7 *

145.1 **

143.4

140.2 last

138.6

137.5 **

134.7 *

133.1 **

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