Our pivot point is at 0.5973.
Our preference: The downside prevails as long as 0.5973 is resistance, with 0.5925 and 0.5914 as targets
Alternative scenario: above 0.5973, look for 0.5991 and 0.6002.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. The price stands below its 20 and 50 period moving average (respectively at 0.5959 and 0.5961).
Supports and resistances:
0.6002 **
0.5991 *
0.5973 **
0.5954 last
0.5925
0.5914 **
0.5904 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-25-2026 at 10:35 UTC+1
Price reference: 0.5954 last known on 08-25-2026 at 10:35 UTC+1
Investment horizon: INTRADAY
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