Our pivot point stands at 0.4519.
Our preference: as long as 0.4519 is support look for 0.4740.
Alternative scenario: below 0.4519, expect 0.4445 and 0.4401.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (0.4612) but above its 50 period moving average (0.4196).
Supports and resistances:
0.4828 **
0.4784 *
0.4740 **
0.4696
0.4577 last
0.4548
0.4519 **
0.4445 *
0.4401 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-22-2023 at 02:42 UTC+1
Price reference: 0.4577 last known on 03-22-2023 at 02:42 UTC+1
Investment horizon: INTRADAY
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