Our preference: the downside prevails as long as 0.3230 is resistance.
0.3230 is our pivot point.
Our preference: the downside prevails as long as 0.3230 is resistance.
Alternative scenario: above 0.3230, look for 0.3264 and 0.3284.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.3226 and 0.3242).
Supports and resistances:
0.3284 **
0.3264 *
0.3230 **
0.3217
0.3204 last
0.3161
0.3141 **