Our pivot point is at 0.7050.
Our preference: In spite of the current rebound, our pivot threshold at 0.7050 has not been hit and our target remains 0.6988
Alternative scenario: above 0.7050, look for 0.7070 and 0.7082.
Comment: The MACD is above its signal line and negative. The price stands above its 20 period moving average (0.7020) but below its 50 period moving average (0.7025).
Supports and resistances:
0.7082 **
0.7070 *
0.7050 **
0.7020 last
0.7000
0.6988 **
0.6977 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 10-22-2026 at 11:00 UTC+1
Price reference: 0.7020 last known on 10-22-2026 at 11:00 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf