0.1211 is our pivot point.
Our preference
The downside prevails as long as 0.1211 is resistance.
Alternative scenario
Above 0.1211, look for 0.1243 and 0.1262.
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 0.1207 and 0.1228).
Supports and resistances
0.1262 **
0.1243 *
0.1211 **
0.1199
0.1186 last
0.1136
0.1118 **
0.1099 *
0.1080 **
Number of asterisks represents the strength of support and resistance levels.


