Our pivot point is at 0.8766.


Our preference: the upside prevails as long as 0.8766 is support.


Alternative scenario: the downside breakout of 0.8766 would call for 0.8745 and 0.8732.


Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8776 and 0.8782).


Supports and resistances:


0.8857 **


0.8844 *


0.8831 **


0.8819


0.8790 last


0.8774


0.8766 **


0.8745 *


0.8732 **


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 03-01-2023 at 00:08 UTC+1


Price reference: 0.8790 last known on 03-01-2023 at 00:08 UTC+1


Investment horizon: INTRADAY