Our pivot point stands at 10.92.


Our preference

: the downside prevails as long as 10.92 is resistance.


Alternative scenario

: above 10.92, look for 10.95 and 10.97.


Comment

: the RSI is below 30. It could either mean that the pair is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 10.94 and 10.95).


Supports and resistances

:

10.97 **

10.95 *

10.92 **

10.90

10.89 last

10.85

10.83 **

10.80 *

10.78 **




































Kategori: ANALISA