The downside prevails as long as 6669 is resistance
(By Swissquote TRADING CENTRAL)
Our pivot (invalidation) point stands at 6669.
Our preference
The downside prevails as Long as 6669 is resistance.
Alternative scenario
Above 6669, look for 6917 and 7065.
Comment
The RSI is below 50. The MACD is below its signal line and negative. The configuration is
negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 6530
and 6575).
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