Our pivot point stands at 0.6179.
Our preference
The upside prevails as long as 0.6179 is support.
Alternative scenario
The downside breakout of 0.6179 would call for 0.6150 and 0.6133.
Comment
The RSI is above 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 0.6196 and 0.6193).
Supports and resistances
0.6289 **
0.6272 *
0.6255 **
0.6238
0.6202 last
0.6190
0.6179 **
0.6150 *
0.6133 **
Number of asterisks represents the strength of support and resistance levels.


