0.3540 is our pivot point.
Our preference: rebound.
Alternative scenario: the downside breakout of 0.3540 would call for 0.3456 and 0.3406.
Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (0.3548) but under its 50 period moving average (0.3682).
Supports and resistances:
0.3869 **
0.3819 *
0.3769 **
0.3719
0.3606 last
0.3573
0.3540 **
0.3456 *
0.3406 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-02-2024 at 06:07 UTC+1
Price reference: 0.3606 last known on 10-02-2024 at 06:07 UTC+1
Investment horizon: INTRADAY
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