The MACD must penetrate its zero line to expect further downside.
0.8335 is our pivot point.
Our preference: under pressure below 0.8335.
Alternative scenario: the upside breakout of 0.8335, would call for 0.8590 and 0.8742.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.8185 and 0.8134).
Supports and resistances:
0.8742 **
0.8590 *
0.8335 **
0.8234
0.8109 last
0.7779
0.7628 **