0.1261 is our pivot point.
Our preference
The downside prevails as long as 0.1261 is resistance.
Alternative scenario
Above 0.1261, look for 0.1294 and 0.1314.
Comment
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.1241 and 0.1235).
Supports and resistances
0.1314 **
0.1294 *
0.1261 **
0.1248
0.1227 last
0.1186
0.1166 **
0.1146 *
0.1127 **
Number of asterisks represents the strength of support and resistance levels.


