Our pivot point stands at 1.9956.
Our preference: the upside prevails as long as 1.9956 is support.
Alternative scenario: the downside breakout of 1.9956 would call for 1.9891 and 1.9852.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2.0010 and 2.0019).
Supports and resistances:
2.0221 **
2.0182 *
2.0143 **
2.0104
2.0022 last
1.9982
1.9956 **
1.9891 *
1.9852 **
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 10:41 UTC+1
Price reference: 2.0022 last known on 04-18-2023 at 10:41 UTC+1
Investment horizon: INTRADAY