0.3926 is our pivot point.
Our preference: rebound towards 0.4119.
Alternative scenario: below 0.3926, expect 0.3857 and 0.3816.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.4014 and 0.4072).
Supports and resistances:
0.4202 **
0.4160 *
0.4119 **
0.4078
0.3989 last
0.3953
0.3926 **
0.3857 *
0.3816 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-05-2023 at 22:21 UTC+1
Price reference: 0.3989 last known on 02-05-2023 at 22:21 UTC+1
Investment horizon: INTRADAY
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