Our pivot point stands at 0.7412.
Our preference: rebound.
Alternative scenario: below 0.7412, expect 0.7234 and 0.7128.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (0.7464) but below its 50 period moving average (0.7613).
Supports and resistances:
0.8090 **
0.7984 *
0.7878 **
0.7771
0.7552 last
0.7482
0.7412 **
0.7234 *
0.7128 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-15-2024 at 02:20 UTC+1
Price reference: 0.7552 last known on 03-15-2024 at 02:20 UTC+1
Investment horizon: INTRADAY
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