Our pivot point is at 1.2982.
Our preference: as long as 1.2982 is resistance look for 1.2865
Alternative scenario: above 1.2982, look for 1.3025 and 1.3050.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.2947 and 1.2948).
Supports and resistances:
1.3050 **
1.3025 *
1.2982 **
1.2965
1.2946 last
1.2890
1.2865 **
1.2840 *
1.2815 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-28-2025 at 17:50 UTC+1
Price reference: 1.2946 last known on 03-28-2025 at 17:50 UTC+1
Investment horizon: INTRADAY
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