Our pivot point stands at 70.26.
Our preference:
the upside prevails as long as 70.26 is support.
Alternative scenario:
below 70.26, expect 69.91 and 69.70.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 70.28 and 70.46).
Our key levels:
Our preference:
the upside prevails as long as 70.26 is support.
Alternative scenario:
below 70.26, expect 69.91 and 69.70.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 70.28 and 70.46).
Our key levels: