Our pivot point stands at 0.4302.
Our preference: as long as 0.4302 is support look for 0.4478.
Alternative scenario: below 0.4302, expect 0.4234 and 0.4193.
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 0.4347 and 0.4338).
Supports and resistances:
0.4559 **
0.4519 *
0.4478 **
0.4438
0.4355 last
0.4328
0.4302 **
0.4234 *
0.4193 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-10-2024 at 03:10 UTC+1
Price reference: 0.4355 last known on 07-10-2024 at 03:10 UTC+1
Investment horizon: INTRADAY
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