Our preference: the upside prevails as long as 2.5 is support.
Our pivot point is at 2.5.
Our preference: the upside prevails as long as 2.5 is support.
Alternative scenario: below 2.5, expect 2.4 and 2.4.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2.6 and 2.5).
Supports and resistances:
2.8 **
2.7 *
2.7 **
2.7
2.6 last
2.5
2.5 **