Our pivot point stands at 0.3630.
Our preference: as long as 0.3630 is support look for 0.3834.
Alternative scenario: below 0.3630, expect 0.3558 and 0.3515.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.3667 and 0.3600).
Supports and resistances:
0.3920 **
0.3877 *
0.3834 **
0.3791
0.3688 last
0.3658
0.3630 **
0.3558 *
0.3515 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-21-2024 at 08:52 UTC+1
Price reference: 0.3688 last known on 10-21-2024 at 08:52 UTC+1
Investment horizon: INTRADAY
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