Our pivot point is at 0.4476.
Our preference: as long as 0.4476 is support look for 0.4782.
Alternative scenario: below 0.4476, expect 0.4364 and 0.4297.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.4560 and 0.4494).
Supports and resistances:
0.4916 **
0.4849 *
0.4782 **
0.4715
0.4565 last
0.4520
0.4476 **
0.4364 *
0.4297 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-27-2022 at 11:14 UTC+1
Price reference: 0.4565 last known on 09-27-2022 at 11:14 UTC+1
Investment horizon: INTRADAY
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