Our pivot point is at 0.1582.
Our preference
As long as 0.1582 is support look for 0.1726.
Alternative scenario
Below 0.1582, expect 0.1531 and 0.1501.
Comment
The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (0.1627) but above its 50 period moving average (0.1622).
Supports and resistances
0.1787 **
0.1756 *
0.1726 **
0.1695
0.1627 last
0.1602
0.1582 **
0.1531 *
0.1501 **
Number of asterisks represents the strength of support and resistance levels.


