Identified : 10 January 2020
Our pivot point stands at : 7853
Our preference : the downside prevails as long as 7853 is resistance.
Alternative scenario : above 7853, look for 7959 and 8022.
Supports and resistances :
7768 – Last
Comment : the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 7811 and 7856).
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.