2.2633 is our pivot point.
Our preference: as long as 2.2633 is resistance look for 2.2461.
Alternative scenario: the upside breakout of 2.2633, would call for 2.2696 and 2.2734.
Comment: the RSI is below 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 2.2579 and 2.2579).
Supports and resistances:
2.2734 **
2.2696 *
2.2633 **
2.2608
2.2576 last
2.2499
2.2461 **
2.2424 *
2.2386 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-30-2025 at 06:08 UTC+1
Price reference: 2.2576 last known on 05-30-2025 at 06:08 UTC+1
Investment horizon: INTRADAY
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