Our pivot point stands at 0.6071.
Our preference: rebound towards 0.6148.
Alternative scenario: below 0.6071, expect 0.6045 and 0.6029.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.6104 and 0.6148).
Supports and resistances:
0.6179 **
0.6163 *
0.6148 **
0.6132
0.6093 last
0.6081
0.6071 **
0.6045 *
0.6029 **
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 03-08-2023 at 06:31 UTC+1
Price reference: 0.6093 last known on 03-08-2023 at 06:31 UTC+1
Investment horizon: INTRADAY