Our pivot point stands at 0.3459.
Our preference: the downside prevails as long as 0.3459 is resistance.
Alternative scenario: the upside breakout of 0.3459, would call for 0.3537 and 0.3584.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.3478 and 0.3525).
Supports and resistances:
0.3584 **
0.3537 *
0.3459 **
0.3427
0.3388 last
0.3281
0.3235 **
0.3188 *
0.3141 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-02-2024 at 21:52 UTC+1
Price reference: 0.3388 last known on 10-02-2024 at 21:52 UTC+1
Investment horizon: INTRADAY
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