Our pivot point is at 1.4002.
Our preference:as long as 1.4002 is support look for 1.4119.
Alternative scenario: below 1.4002, expect 1.3965 and 1.3943.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 1.4048 and 1.4024).
Supports and resistances:
1.4164 **
1.4142 *
1.4119 **
1.4098
1.45032 last
1.4017
1.4002 **
1.3965 *
1.3943 **
Our preference:as long as 1.4002 is support look for 1.4119.
Alternative scenario: below 1.4002, expect 1.3965 and 1.3943.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 1.4048 and 1.4024).
Supports and resistances:
1.4164 **
1.4142 *
1.4119 **
1.4098
1.45032 last
1.4017
1.4002 **
1.3965 *
1.3943 **
