There is still a possibility of temporary retracement to suggested Support line (0.64403). if so, traders can set orders based on Price Action and expect to reach short-term targets.
The MACD is above its signal line and negative.
Pivote point is at 0.6504
Alternative scenario: the downside breakout of 0.6446 would call for 0,6427 and 0,6416
Comment: the RSI is below 50. The MACD is above its signal line and nagativ. The configuration is mixed. Morever, the price is trading under both its 20 and 50 period moving average (respectvely at 0.6466 and 0.6471)
The MACD is above its signal line and negative.
Pivote point is at 0.6504
Alternative scenario: the downside breakout of 0.6446 would call for 0,6427 and 0,6416
Comment: the RSI is below 50. The MACD is above its signal line and nagativ. The configuration is mixed. Morever, the price is trading under both its 20 and 50 period moving average (respectvely at 0.6466 and 0.6471)