Our pivot point is at 0.5832.
Our preference: rebound towards 0.5938.
Alternative scenario: the downside breakout of 0.5832 would call for 0.5792 and 0.5769.
Comment: the RSI is below 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 0.5868 and 0.5883).
Supports and resistances:
0.5961 *
0.5938 **
0.5914
0.5866 last
0.5832 **
0.5792 *
0.5769 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-05-2026 at 06:14 UTC+1
Price reference: 0.5866 last known on 05-05-2026 at 06:14 UTC+1
Investment horizon: INTRADAY
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