Our pivot point is at 0.9351.
Our preference: Rebound
Alternative scenario: below 0.9351, expect 0.9331 and 0.9318.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (0.9345) but below its 50 period moving average (0.9378).
Supports and resistances:
0.9433 **
0.9421 *
0.9409 **
0.9397
0.9367 last
0.9359
0.9351 **
Disclaimer: The reference points and analytical views of the trading strategies are provided by a third party provider, Trading Central, and are for the information of InnoMP investors only. These strategy views are based on the independent judgment of analysts and do not take into account the investment objectives and financial situation of each investor, and therefore do not constitute investment advice or recommendations. InnoMP cannot guarantee the accuracy, timeliness and completeness of these strategic views and does not assume any liability for any losses incurred by investors who trade on these views.