Our pivot point is at 0.3600.
Our preference: rebound.
Alternative scenario: the downside breakout of 0.3600 would call for 0.3484 and 0.3415.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (0.3675) but below its 50 period moving average (0.3812).
Supports and resistances:
0.4120 **
0.4049 *
0.3979 **
0.3909
0.3760 last
0.3646
0.3600 **
0.3484 *
0.3415 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-15-2024 at 21:55 UTC+1
Price reference: 0.3760 last known on 11-15-2024 at 21:55 UTC+1
Investment horizon: INTRADAY
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