Our pivot point is at 0.1675.
Our preference
The downside prevails as long as 0.1675 is resistance.
Alternative scenario
The upside breakout of 0.1675, would call for 0.1964 and 0.2137.
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 0.1585 and 0.1534).
Supports and resistances
0.2137 **
0.1964 *
0.1675 **
0.1561
0.1447 last
0.1102
0.0930 **
0.0757 *
0.0585 **
Number of asterisks represents the strength of support and resistance levels.


