Alternative scenario: below 0.8370, expect 0.8350 and 0.8340.
0.8370 is our pivot point.
Our preference: our next up target stands at 0.8450.
Alternative scenario: below 0.8370, expect 0.8350 and 0.8340.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.8405 and 0.8406).
Supports and resistances:
0.8470 **
0.8460 *
0.8450 **
0.8440
0.8410 last
0.8380
0.8370 **