The 1085 level was an old support that became resistance a few months ago, back in november 15'. At that time the MACD was also going on negative territory.
If we manage to break out the 1085 resistance, we will see an upward trend that will be confirmed by the MACD also going back to plus.
One week to wait or the breakout, otherwise it will keep going down. The MA65 crossing the support would be very bearish sign.
If we manage to break out the 1085 resistance, we will see an upward trend that will be confirmed by the MACD also going back to plus.
One week to wait or the breakout, otherwise it will keep going down. The MA65 crossing the support would be very bearish sign.
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