Our pivot point stands at 0.4038.
Our preference: rebound towards 0.4236.
Alternative scenario: below 0.4038, expect 0.3967 and 0.3925.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (0.4102) but under its 50 period moving average (0.4125).
Supports and resistances:
0.4321 **
0.4279 *
0.4236 **
0.4194
0.4109 last
0.4066
0.4038 **
0.3967 *
0.3925 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-03-2023 at 09:15 UTC+1
Price reference: 0.4109 last known on 02-03-2023 at 09:15 UTC+1
Investment horizon: INTRADAY
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