122.66 is our pivot point.

Our preference: the downside prevails as long as 122.66 is resistance.

Alternative scenario: above 122.66, look for 123.06 and 123.30.

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 stands below its 20 and 50 MAs (respectively at 122.44 and 122.62).

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