Our pivot point is at 2.3024.
Our preference: The upside prevails as long as 2.3024 is support, with 2.3134 and 2.3164 as targets
Alternative scenario: below 2.3024, expect 2.2974 and 2.2944.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 2.3031 and 2.3009).
Supports and resistances:
2.3194 *
2.3164 **
2.3134
2.3070 last
2.3024 **
2.2974 *
2.2944 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-23-2026 at 13:33 UTC+1
Price reference: 2.3070 last known on 07-23-2026 at 13:33 UTC+1
Investment horizon: INTRADAY
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