| Our pivot point stands at 0.8652.|
Our preference: the downside prevails as long as 0.8652 is resistance.
Alternative scenario: above 0.8652, look for 0.8684 and 0.8704.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 0.8628 and 0.8627).