Our preference: as long as 2.6 is support look for 2.8.
Our pivot point stands at 2.6.
Our preference: as long as 2.6 is support look for 2.8.
Alternative scenario: the downside breakout of 2.6 would call for 2.5 and 2.5.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (2.6) but above its 50 period moving average (2.6).
Supports and resistances:
2.9 **
2.8 *
2.8 **
2.7
2.6 last
2.6
2.6 **