Our pivot point is at 0.5876.
Our preference: Technical rebound towards 0.5876 before a new drop
Alternative scenario: above 0.5876, look for 0.5894 and 0.5905.
Comment: the RSI is below its neutrality area at 50. The price stands above its 20 period moving average (0.5853) but below its 50 period moving average (0.5861).
Supports and resistances:
0.5905 **
0.5894 *
0.5876 **
0.5855 last
0.5833
0.5822 **
0.5811 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 09-08-2026 at 21:35 UTC+1
Price reference: 0.5855 last known on 09-08-2026 at 21:35 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf