8.4250 is our pivot point.
: below 8.4250, expect 8.3920 and 8.3730.
: the RSI is trading above 70. This could mean that either the pair is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the pair stands above its 20 MA (8.4462) but below its 50 MA (8.4554).
Supports and resistances