Our preference: the downside prevails as long as 0.3407 is resistance.
0.3407 is our pivot point.
Our preference: the downside prevails as long as 0.3407 is resistance.
Alternative scenario: above 0.3407, look for 0.3445 and 0.3468.
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 price is trading under both its 20 and 50 period moving average (respectively at 0.3381 and 0.3385).
Supports and resistances:
0.3468 **
0.3445 *
0.3407 **
0.3392
0.3375 last
0.3330
0.3307 **