Our pivot point is at 0.3770.
Our preference: as long as 0.3770 is support look for 0.4114.
Alternative scenario: below 0.3770, expect 0.3648 and 0.3576.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (0.3917) but above its 50 period moving average (0.3800).
Supports and resistances:
0.4260 **
0.4187 *
0.4114 **
0.4042
0.3886 last
0.3817
0.3770 **
0.3648 *
0.3576 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-20-2024 at 02:08 UTC+1
Price reference: 0.3886 last known on 11-20-2024 at 02:08 UTC+1
Investment horizon: INTRADAY
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