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The support rests at 0.90890 with resistance at 0.91220 which both lines are below the weekly pivot point at 0.91320. The EMA of 10 is moving with bearish bias in the descendant channel and it is located below the EMA of 100 and the EMA of 200. The RSI is moving in oversold area, the MACD line is below the signal line in the negative territory and the Stochastic is showing upward momnentum. The ADX is showing weak sell signal. The price is below the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen is showing a downward trend and the Kijun-sen is showing a horizontal trend.
Short positions are recommended towards 0.90650.
