1.9664 is our pivot point.
Our preference: the upside prevails as long as 1.9664 is support.
Alternative scenario: below 1.9664, expect 1.9589 and 1.9544.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.9730 and 1.9710).
Supports and resistances:
1.9978 **
1.9933 *
1.9889 **
1.9844
1.9752 last
1.9694
1.9664 **
1.9589 *
1.9544 **
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 03-27-2023 at 10:38 UTC+1
Price reference: 1.9752 last known on 03-27-2023 at 10:38 UTC+1
Investment horizon: INTRADAY