Our pivot point is at 0.5897.
Our preference: rebound towards 0.6281.
Alternative scenario: below 0.5897, expect 0.5754 and 0.5669.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.6034 and 0.6133).
Supports and resistances:
0.6451 **
0.6366 *
0.6281 **
0.6196
0.6009 last
0.5953
0.5897 **
0.5754 *
0.5669 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-02-2024 at 06:06 UTC+1
Price reference: 0.6009 last known on 10-02-2024 at 06:06 UTC+1
Investment horizon: INTRADAY
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