Our pivot point stands at 0.6658.
Our preference: as long as 0.6658 is support look for 0.6746.
Alternative scenario: below 0.6658, expect 0.6629 and 0.6612.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.6693 and 0.6686).
Supports and resistances:
0.6780 **
0.6763 *
0.6746 **
0.6729
0.6693 last
0.6669
0.6658 **
0.6629 *
0.6612 **
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 04-17-2023 at 10:42 UTC+1
Price reference: 0.6693 last known on 04-17-2023 at 10:42 UTC+1
Investment horizon: INTRADAY