Our preference: rebound towards 3.0.
Our pivot point stands at 2.8.
Our preference: rebound towards 3.0.
Alternative scenario: below 2.8, expect 2.7 and 2.7.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2.9 and 2.9).
Supports and resistances:
3.1 **
3.0 *
3.0 **
2.9
2.8 last
2.8
2.8 **