Our pivot point is at 0.5939.
Our preference: the upside prevails as long as 0.5939 is support.
Alternative scenario: below 0.5939, expect 0.5899 and 0.5875.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.5964 and 0.5967).
Supports and resistances:
0.6093 **
0.6069 *
0.6045 **
0.6021
0.5971 last
0.5955
0.5939 **
0.5899 *
0.5875 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-30-2025 at 21:45 UTC+1
Price reference: 0.5971 last known on 05-30-2025 at 21:45 UTC+1
Investment horizon: INTRADAY
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