| Our pivot point stands at 0.8637.|
Our preference: the downside prevails as long as 0.8637 is resistance.
Alternative scenario: above 0.8637, look for 0.8669 and 0.8689.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 0.8611 and 0.8613).