Our preference: the downside prevails as long as 0.2510 is resistance.
0.2510 is our pivot point.
Our preference: the downside prevails as long as 0.2510 is resistance.
Alternative scenario: the upside breakout of 0.2510, would call for 0.2561 and 0.2591.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.2483 and 0.2470).
Supports and resistances:
0.2591 **
0.2561 *
0.2510 **
0.2490
0.2468 last
0.2406
0.2376 **