2022/04/18 - 09.07 AM

Our preference: rebound towards 1.0904.
Alternative scenario: below 1.0791, expect 1.0748 and 1.0723.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.0833 and 1.0873).