Our pivot point is at 0.6674.
Our preference: as long as 0.6674 is support look for 0.6759.
Alternative scenario: below 0.6674, expect 0.6643 and 0.6625.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.6701 and 0.6691).
Supports and resistances:
0.6796 **
0.6777 *
0.6759 **
0.6741
0.6701 last
0.6686
0.6674 **
0.6643 *
0.6625 **
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 03-30-2023 at 19:43 UTC+1
Price reference: 0.6701 last known on 03-30-2023 at 19:43 UTC+1
Investment horizon: INTRADAY