0.4031 is our pivot point.
Our preference: the downside prevails as long as 0.4031 is resistance.
Alternative scenario: the upside breakout of 0.4031, would call for 0.4154 and 0.4228.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.4024 and 0.4044).
Supports and resistances:
0.4228 **
0.4154 *
0.4031 **
0.3982
0.3883 last
0.3732
0.3660 **
0.3587 *
0.3515 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-14-2024 at 21:55 UTC+1
Price reference: 0.3883 last known on 12-14-2024 at 21:55 UTC+1
Investment horizon: INTRADAY
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