Identified : 15 November 2019
Our pivot point stands at : 8680
Our preference : the downside prevails as long as 8680 is resistance.
Alternative scenario : the upside breakout of 8680, would call for 8797 and 8866.
Supports and resistances :
8572 – Last
Comment : the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 8591 and 8614).
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Note : This information isn’t a buy-sell signal. Please use this information for your trade guideline.