0.6197 is our pivot point.
Our preference: rebound towards 0.6273.
Alternative scenario: the downside breakout of 0.6197 would call for 0.6168 and 0.6151.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.6226 and 0.6240).
Supports and resistances:
0.6307 **
0.6290 *
0.6273 **
0.6256
0.6220 last
0.6208
0.6197 **
0.6168 *
0.6151 **
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 03-29-2023 at 21:38 UTC+1
Price reference: 0.6220 last known on 03-29-2023 at 21:38 UTC+1
Investment horizon: INTRADAY