Our pivot point stands at 0.6168.
Our preference
As long as 0.6168 is support look for 0.6246.
Alternative scenario
The downside breakout of 0.6168 would call for 0.6140 and 0.6123.
Comment
The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.6192 and 0.6186).
Supports and resistances
0.6281 **
0.6263 *
0.6246 **
0.6229
0.6193 last
0.6180
0.6168 **
0.6140 *
0.6123 **
Number of asterisks represents the strength of support and resistance levels.


