Synthesis
0.65 is our pivot point.
Our preference : bearish below 0.65.
Alternative scenario : the overflow of 0.65 will validate an increase to 0.687 and 0.708.
Comment
The RSI is below 50. The MACD is negative and below its signal line. The setup is bearish. Additionally, prices are below their 20 and 50 moving averages, currently located at 0.6413 and 0.6533.
| Tendency | Calculated data | ||
|---|---|---|---|
| Technical advice | Neutral | Course on 02/12 | 0.62 |
| Basic trend | Bearish | Pivot | 0.65 |
| Bracket 1 | 0.54 | Additional distance 1 | – 0.08 |
| Bracket 2 | 0.52 | Additional distance 2 | – 0.10 |
| Resistance 1 | 0.65 | Additional variation 1 | -12.90% |
| Resistance 2 | 0.69 | Additional variation 2 | -16.13% |
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