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Our pivot point stands at 0.8600.
Our preference
The upside prevails as long as 0.8600 is support.
Alternative scenario
The downside breakout of 0.8600 would call for 0.8583 and 0.8573.
Comment
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8608 and 0.8597).
Supports and resistances
0.8665 **
0.8655 *
0.8645 **
0.8635
0.8614 last
0.8607
0.8600 **
0.8583 *
0.8573 **
Number of asterisks represents the strength of support and resistance levels.
