0.6290 is our pivot point.
Our preference: eye 0.6209.
Alternative scenario: the upside breakout of 0.6290, would call for 0.6318 and 0.6335.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is below its 20 period moving average (0.6275) but above its 50 period moving average (0.6261).
Supports and resistances:
0.6335 **
0.6318 *
0.6290 **
0.6278
0.6266 last
0.6226
0.6209 **
0.6192 *
0.6174 **
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 03-31-2023 at 12:20 UTC+1
Price reference: 0.6266 last known on 03-31-2023 at 12:20 UTC+1
Investment horizon: INTRADAY