Our pivot point is at 0.3753.
Our preference: as long as 0.3753 is support look for 0.3916.
Alternative scenario: the downside breakout of 0.3753 would call for 0.3689 and 0.3652.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.3797 and 0.3751).
Supports and resistances:
0.3991 **
0.3954 *
0.3916 **
0.3878
0.3803 last
0.3778
0.3753 **
0.3689 *
0.3652 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-15-2023 at 06:48 UTC+1
Price reference: 0.3803 last known on 02-15-2023 at 06:48 UTC+1
Investment horizon: INTRADAY
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