Our pivot point is at 0.4740.
Our preference: the upside prevails as long as 0.4740 is support.
Alternative scenario: below 0.4740, expect 0.4682 and 0.4648.
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 0.4775 and 0.4783).
Supports and resistances:
0.4965 **
0.4931 *
0.4897 **
0.4863
0.4792 last
0.4762
0.4740 **
0.4682 *
0.4648 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-02-2024 at 09:44 UTC+1
Price reference: 0.4792 last known on 07-02-2024 at 09:44 UTC+1
Investment horizon: INTRADAY
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