| Our pivot point stands at 0.8664.|
Our preference: the downside prevails as long as 0.8664 is resistance.
Alternative scenario: the upside breakout of 0.8664, would call for 0.8697 and 0.8717.
Comment: the RSI is below 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 0.8640 and 0.8639).