EUR/USD Intraday: the downside prevails as long as 1.0731 is resistance

1.0731 is our pivot point.
Our preference:
the downside prevails as long as 1.0731 is resistance.
Alternative scenario:
above 1.0731, look for 1.0754 and 1.0767.
Comment:
the RSI is below 30. It could either mean that the pair is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.0758 and 1.0777).
Supports and resistances:
1.0767 **
1.0754 *
1.0731 **
1.0722
1.0709 last
1.0667
1.0654 **
1.0640 *
1.0627 **