Our pivot point stands at 0.0698.
Our preference: as long as 0.0698 is support look for 0.0735.
Alternative scenario: the downside breakout of 0.0698 would call for 0.0683 and 0.0675.
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 below its 20 period moving average (0.0709) but above its 50 period moving average (0.0703).
Supports and resistances:
0.0752 **
0.0743 *
0.0735 **
0.0726
0.0709 last
0.0703
0.0698 **
0.0683 *
0.0675 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-21-2023 at 04:52 UTC+1
Price reference: 0.0709 last known on 07-21-2023 at 04:52 UTC+1
Investment horizon: INTRADAY
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