Monero / Dollar may rise to 182.9 - 185.0

Our pivot point stands at 174.3.

Our preference

The upside prevails as long as 174.3 is support.

Alternative scenario

Below 174.3, expect 170.8 and 168.7.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 173.8 and 175.1).

Supports and resistances

189.2 **

187.1 *

185.0 **

182.9

178.7 last

175.6

174.3 **

170.8 *

168.7 **

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