Our preference: rebound towards 0.2780.
0.2698 is our pivot point.
Our preference: rebound towards 0.2780.
Alternative scenario: the downside breakout of 0.2698 would call for 0.2667 and 0.2648.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (0.2721) but below its 50 period moving average (0.2731).
Supports and resistances:
0.2817 **
0.2798 *
0.2780 **
0.2761
0.2723 last
0.2710
0.2698 **