Our pivot point is at 0.8775.
Our preference: rebound towards 0.8839.
Alternative scenario: the downside breakout of 0.8775 would call for 0.8752 and 0.8738.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.8799 and 0.8805).
Supports and resistances:
0.8866 **
0.8852 *
0.8839 **
0.8825
0.8796 last
0.8784
0.8775 **
0.8752 *
0.8738 **
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 03:57 UTC+1
Price reference: 0.8796 last known on 03-27-2023 at 03:57 UTC+1
Investment horizon: INTRADAY