Asian Indices delayed. US Indices updated twice daily at 7:30am and 7:30pm.
The MACD must break above its zero level to call for further upside.
|Short Term View
(Rise, Limited Rise, Consolidation, Limited Decline, Decline)
|Change In Short Term View||Decline to Limited Rise|
|Medium Term View
(Bullish, Range, Bearish)
|Change In Medium Term View||None|
Our pivot point is at 1.44.
Our preference:our next up target stands at 1.62.
Alternative scenario: the downside breakout of 1.44 would call for 1.37 and 1.33.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the stock is above its 20 and 50 day MA (respectively at 1.45 and 1.47).
Supports and resistances:
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