Our pivot point stands at 0.9958.
Our preference: the upside prevails as long as 0.9958 is support.
Alternative scenario: the downside breakout of 0.9958 would call for 0.9935 and 0.9921.
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 0.9970 and 0.9959).
Supports and resistances:
1.0059 **
1.0046 *
1.0032 **
1.0018
0.9988 last
0.9967
0.9958 **
0.9935 *
0.9921 **
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 11:38 UTC+1
Price reference: 0.9988 last known on 03-01-2023 at 11:38 UTC+1
Investment horizon: INTRADAY