Our pivot point stands at 0.6816.
Our preference: the upside prevails as long as 0.6816 is support.
Alternative scenario: the downside breakout of 0.6816 would call for 0.6597 and 0.6466.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.6941 and 0.6972).
Supports and resistances:
0.7663 **
0.7532 *
0.7401 **
0.7270
0.6989 last
0.6902
0.6816 **
0.6597 *
0.6466 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-08-2025 at 21:53 UTC+1
Price reference: 0.6989 last known on 02-08-2025 at 21:53 UTC+1
Investment horizon: INTRADAY
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