Our pivot point is at 0.3321.
Our preference: our next up target stands at 0.3562.
Alternative scenario: the downside breakout of 0.3321 would call for 0.3243 and 0.3196.
Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.3386 and 0.3417).
Supports and resistances:
0.3657 **
0.3609 *
0.3562 **
0.3515
0.3420 last
0.3352
0.3321 **
0.3243 *
0.3196 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-03-2024 at 21:52 UTC+1
Price reference: 0.3420 last known on 10-03-2024 at 21:52 UTC+1
Investment horizon: INTRADAY
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