Date : 30 September 2021
Pivot point : 42495
Our preference : the upside prevails as long as 42495 is support.
Alternative scenario : below 42495, expect 41204 and 40435.
Comment : the RSI is above 70. It could mean either that the pair is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 42251 and 42127).
Supports and resistances :
43520 – Last price
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
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