Our pivot point stands at 0.0610.
Our preference: the upside prevails as long as 0.0610 is support.
Alternative scenario: the downside breakout of 0.0610 would call for 0.0590 and 0.0579.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.0622 and 0.0624).
Supports and resistances:
0.0689 **
0.0677 *
0.0665 **
0.0654
0.0630 last
0.0618
0.0610 **
0.0590 *
0.0579 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-27-2022 at 16:04 UTC+1
Price reference: 0.0630 last known on 07-27-2022 at 16:04 UTC+1
Investment horizon: INTRADAY
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