0.9904 is our pivot point.
Our preference: the downside prevails as long as 0.9904 is resistance.
Alternative scenario: the upside breakout of 0.9904, would call for 0.9927 and 0.9940.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.9887 and 0.9884).
Supports and resistances:
0.9940 **
0.9927 *
0.9904 **
0.9895
0.9883 last
0.9853
0.9840 **
0.9826 *
0.9812 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 03-28-2023 at 07:32 UTC+1
Price reference: 0.9883 last known on 03-28-2023 at 07:32 UTC+1
Investment horizon: INTRADAY