Our pivot point is at 0.3825.
Our preference: the upside prevails as long as 0.3825 is support.
Alternative scenario: the downside breakout of 0.3825 would call for 0.3725 and 0.3665.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.3877 and 0.3891).
Supports and resistances:
0.4204 **
0.4144 *
0.4085 **
0.4025
0.3906 last
0.3864
0.3825 **
0.3725 *
0.3665 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-04-2023 at 06:20 UTC+1
Price reference: 0.3906 last known on 04-04-2023 at 06:20 UTC+1
Investment horizon: INTRADAY
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