0.6155 is our pivot point.
Our preference: as long as 0.6155 is support look for 0.6632.
Alternative scenario: the downside breakout of 0.6155 would call for 0.5973 and 0.5864.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (0.6311) but above its 50 period moving average (0.6149).
Supports and resistances:
0.6849 **
0.6741 *
0.6632 **
0.6523
0.6305 last
0.6226
0.6155 **
0.5973 *
0.5864 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-22-2023 at 07:08 UTC+1
Price reference: 0.6305 last known on 12-22-2023 at 07:08 UTC+1
Investment horizon: INTRADAY
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