USD/ZAR Intraday: 16.5364 expected

Our pivot point is at 16.6861.
Our preference:
The downside prevails as long as 16.6861 is resistance, with 16.5364 and 16.4982 as targets
Alternative scenario:
above 16.6861, look for 16.7503 and 16.7885.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 16.6109 and 16.6188).
Supports and resistances:
16.7885 **
16.7503 *
16.6861 **
16.5902 last
16.5364
16.4982 **
16.4601 *