Our pivot point is at 0.1452.
Our preference
The downside prevails as long as 0.1452 is resistance.
Alternative scenario
Above 0.1452, look for 0.1493 and 0.1518.
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 0.1424 and 0.1432).
Supports and resistances
0.1518 **
0.1493 *
0.1452 **
0.1436
0.1418 last
0.1366
0.1342 **
0.1318 *
0.1293 **
Number of asterisks represents the strength of support and resistance levels.


