Our pivot point is at 0.9206.
Our preference: rebound towards 0.9616
Alternative scenario: below 0.9206, expect 0.9062 and 0.8976.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.9351 and 0.9389).
Supports and resistances:
0.9789 **
0.9703 *
0.9616 **
0.9530
0.9336 last
0.9263
0.9206 **
0.9062 *
0.8976 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-02-2025 at 09:15 UTC+1
Price reference: 0.9336 last known on 06-02-2025 at 09:15 UTC+1
Investment horizon: ST
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