Our pivot point stands at 0.0945.
Our preference: under pressure below 0.0945.
Alternative scenario: above 0.0945, look for 0.0966 and 0.0978.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.0936 and 0.0932).
Supports and resistances:
0.0978 **
0.0966 *
0.0945 **
0.0937
0.0926 last
0.0899
0.0887 **
0.0875 *
0.0862 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-02-2023 at 22:25 UTC+1
Price reference: 0.0926 last known on 02-02-2023 at 22:25 UTC+1
Investment horizon: INTRADAY
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