The MACD is negative and below its signal line. Our pivot point is at 1.6411. Our preference: the downside prevails as long as 1.6411 is resistance. Alternative scenario: above 1.6411, look for 1.6466 and 1.6499. Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, […]
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