Our pivot point stands at 0.3743.
Our preference: as long as 0.3743 is support look for 0.3906.
Alternative scenario: the downside breakout of 0.3743 would call for 0.3680 and 0.3642.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.3783 and 0.3728).
Supports and resistances:
0.3981 **
0.3943 *
0.3906 **
0.3868
0.3793 last
0.3768
0.3743 **
0.3680 *
0.3642 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-15-2023 at 02:23 UTC+1
Price reference: 0.3793 last known on 02-15-2023 at 02:23 UTC+1
Investment horizon: INTRADAY
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