Date : 16 October 2020
Pivot point : 11500
Our preference : the downside prevails as long as 11500 is resistance.
Alternative scenario : above 11500, look for 11681 and 11789.
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 11485 and 11431).
Supports and resistances :
11350 – 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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