0.9799 is our pivot point.
Our preference: the upside prevails as long as 0.9799 is support.
Alternative scenario: below 0.9799, expect 0.9774 and 0.9759.
Comment: the RSI is above 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 0.9818 and 0.9817).
Supports and resistances:
0.9895 **
0.9880 *
0.9865 **
0.9850
0.9820 last
0.9809
0.9799 **
0.9774 *
0.9759 **
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 04-18-2023 at 07:32 UTC+1
Price reference: 0.9820 last known on 04-18-2023 at 07:32 UTC+1
Investment horizon: INTRADAY