Monero / Dollar may fall to 146.1 - 147.9

155.2 is our pivot point.

Our preference

The downside prevails as long as 155.2 is resistance.

Alternative scenario

Above 155.2, look for 158.2 and 160.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 154.8 and 154).

Supports and resistances

160.0 **

158.2 *

155.2 **

154.0

152.7 last

147.9

146.1 **

144.3 *

142.6 **

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