0.6282 is our pivot point.


Our preference: as long as 0.6282 is support look for 0.6361.


Alternative scenario: the downside breakout of 0.6282 would call for 0.6252 and 0.6234.


Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.6303 and 0.6273).


Supports and resistances:


0.6396 **


0.6379 *


0.6361 **


0.6343


0.6308 last


0.6293


0.6282 **


0.6252 *


0.6234 **


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 04-14-2023 at 05:33 UTC+1


Price reference: 0.6308 last known on 04-14-2023 at 05:33 UTC+1


Investment horizon: INTRADAY