0.5781 is our pivot point.
Our preference: the upside prevails as long as 0.5781 is support.
Alternative scenario: below 0.5781, expect 0.5640 and 0.5557.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.5875 and 0.5865).
Supports and resistances:
0.6318 **
0.6234 *
0.6150 **
0.6066
0.5898 last
0.5836
0.5781 **
0.5640 *
0.5557 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-24-2024 at 21:51 UTC+1
Price reference: 0.5898 last known on 09-24-2024 at 21:51 UTC+1
Investment horizon: INTRADAY
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