Monero / Dollar may fall to 149.9 - 151.4

156.6 is our pivot point.

Our preference

The downside prevails as long as 156.6 is resistance.

Alternative scenario

Above 156.6, look for 159.1 and 160.6.

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 158.9 and 161.2).

Supports and resistances

160.6 **

159.1 *

156.6 **

155.6

154.4 last

151.4

149.9 **

148.5 *

147.0 **

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