The downside prevails.
(By Swissquote TRADING CENTRAL)
Our pivot (invalidation) point is at 1.1533.
The downside prevails as Long as 1.1533 is resistance.
The upside breakout of 1.1533, would call for 1.1558 and 1.1573.
The RSI is below 50. The MACD is negative and below its signal line. The configuration is
negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 1.1518