Our preference: the downside prevails as long as 2.5513 is resistance.
Our pivot point stands at 2.5513.
Our preference: the downside prevails as long as 2.5513 is resistance.
Alternative scenario: above 2.5513, look for 2.6185 and 2.6586.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2.5217 and 2.5541).
Supports and resistances:
2.6586 **
2.6185 *
2.5513 **
2.5249
2.4896 last
2.4046
2.3648 **