Identified : 27 August 2019
Our pivot point stands at : 10281
Our preference : the downside prevails as long as 10281 is resistance.
Alternative scenario : the upside breakout of 10281, would call for 10420 and 10502.
Supports and resistances :
10164 – Last
Comment : the RSI is below its neutrality area at 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 10272 and 10313).
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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