Date : 11 August 2020
Pivot point : 11986
Our preference : the downside prevails as long as 11986 is resistance.
Alternative scenario : the upside breakout of 11986, would call for 12160 and 12264.
Comment : the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 11867 and 11893).
Supports and resistances :
11829 – Last price
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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