0.3691 is our pivot point.
Our preference: as long as 0.3691 is support look for 0.3898.
Alternative scenario: below 0.3691, expect 0.3611 and 0.3564.
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 (0.3757) but above its 50 period moving average (0.3729).
Supports and resistances:
0.3993 **
0.3946 *
0.3898 **
0.3851
0.3753 last
0.3722
0.3691 **
0.3611 *
0.3564 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-10-2024 at 03:14 UTC+1
Price reference: 0.3753 last known on 07-10-2024 at 03:14 UTC+1
Investment horizon: INTRADAY
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