0.6639 is our pivot point.
Our preference: rebound towards 0.6721.
Alternative scenario: the downside breakout of 0.6639 would call for 0.6609 and 0.6591.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.6667 and 0.6687).
Supports and resistances:
0.6757 **
0.6739 *
0.6721 **
0.6703
0.6665 last
0.6651
0.6639 **
0.6609 *
0.6591 **
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 03-21-2023 at 20:34 UTC+1
Price reference: 0.6665 last known on 03-21-2023 at 20:34 UTC+1
Investment horizon: INTRADAY