Our preference: the upside prevails as long as 0.3066 is support.
Our pivot point stands at 0.3066.
Our preference: the upside prevails as long as 0.3066 is support.
Alternative scenario: the downside breakout of 0.3066 would call for 0.3033 and 0.3013.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.3074 and 0.3092).
Supports and resistances:
0.3210 **
0.3190 *
0.3170 **
0.3151
0.3110 last
0.3079
0.3066 **