Our preference: as long as 2.8 is support look for 3.
Our pivot point stands at 2.8.
Our preference: as long as 2.8 is support look for 3.
Alternative scenario: the downside breakout of 2.8 would call for 2.7 and 2.7.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 2.9 and 2.8).
Supports and resistances:
3.1 **
3.1 *
3.0 **
3.0
2.9 last
2.8
2.8 **