Our pivot point stands at 0.0983.
Our preference
As long as 0.0983 is support look for 0.1023.
Alternative scenario
The downside breakout of 0.0983 would call for 0.0967 and 0.0958.
Comment
The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (0.0997) but above its 50 period moving average (0.0984).
Supports and resistances
0.1042 **
0.1033 *
0.1023 **
0.1014
0.0995 last
0.0989
0.0983 **
0.0967 *
0.0958 **
Number of asterisks represents the strength of support and resistance levels.


