Our pivot point stands at 0.1748.
Our preference: as long as 0.1748 is support look for 0.1893.
Alternative scenario: the downside breakout of 0.1748 would call for 0.1692 and 0.1658.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (0.1795) but above its 50 period moving average (0.1741).
Supports and resistances:
0.1960 **
0.1927 *
0.1893 **
0.1860
0.1793 last
0.1770
0.1748 **
0.1692 *
0.1658 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-15-2024 at 02:22 UTC+1
Price reference: 0.1793 last known on 03-15-2024 at 02:22 UTC+1
Investment horizon: INTRADAY
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