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Our pivot point is at 0.8873.

Our preference: the upside prevails as long as 0.8873 is support.

Alternative scenario: the downside breakout of 0.8873 would call for 0.8840 and 0.8820.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 0.8897 and 0.8898).

Chart Caption
   Green Lines Represent Resistances
   Red Lines Represent Support Levels
   Light Blue is a Pivot Point
   Black represents the price when the report was produced

Kategori: Analisa