Our pivot point is at 0.1568.
Our preference: rebound towards 0.1685.
Alternative scenario: the downside breakout of 0.1568 would call for 0.1531 and 0.1508.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.1603 and 0.1646).
Supports and resistances:
0.1730 **
0.1708 *
0.1685 **
0.1662
0.1600 last
0.1583
0.1568 **
0.1531 *
0.1508 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-01-2024 at 22:07 UTC+1
Price reference: 0.1600 last known on 11-01-2024 at 22:07 UTC+1
Investment horizon: INTRADAY
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