3.9081 is our pivot point.
Our preference
The upside prevails as long as 3.9081 is support.
Alternative scenario
Below 3.9081, expect 3.8227 and 3.7719.
Comment
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3.9132 and 3.8767).
Supports and resistances
4.2505 **
4.1994 *
4.1483 **
4.0972
3.9834 last
3.9417
3.9081 **
3.8227 *
3.7719 **
Number of asterisks represents the strength of support and resistance levels.


