Our pivot point stands at 0.4217.
Our preference: the upside prevails as long as 0.4217 is support.
Alternative scenario: below 0.4217, expect 0.4082 and 0.4001.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.4296 and 0.4254).
Supports and resistances:
0.4735 **
0.4654 *
0.4573 **
0.4492
0.4331 last
0.4271
0.4217 **
0.4082 *
0.4001 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-14-2022 at 06:47 UTC+1
Price reference: 0.4331 last known on 07-14-2022 at 06:47 UTC+1
Investment horizon: INTRADAY
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