Our pivot point stands at 1.7634.
Our preference: the upside prevails as long as 1.7634 is support.
Alternative scenario: below 1.7634, expect 1.7571 and 1.7534.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.7668 and 1.7648).
Supports and resistances:
1.7874 **
1.7837 *
1.7799 **
1.7762
1.7686 last
1.7658
1.7634 **
1.7571 *
1.7534 **
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 04-12-2023 at 22:43 UTC+1
Price reference: 1.7686 last known on 04-12-2023 at 22:43 UTC+1
Investment horizon: INTRADAY