Our pivot point is at 0.3519.
Our preference: the downside prevails as long as 0.3519 is resistance.
Alternative scenario: above 0.3519, look for 0.3627 and 0.3691.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.3454 and 0.3467).
Supports and resistances:
0.3691 **
0.3627 *
0.3519 **
0.3477
0.3431 last
0.3291
0.3227 **
0.3163 *
0.3099 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-05-2023 at 11:00 UTC+1
Price reference: 0.3431 last known on 01-05-2023 at 11:00 UTC+1
Investment horizon: INTRADAY
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