Our pivot point is at 1.0288.
Our preference: rebound towards 1.0364.
Alternative scenario: below 1.0288, expect 1.0260 and 1.0243.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (1.0303) but below its 50 period moving average (1.0326).
Supports and resistances:
1.0398 **
1.0381 *
1.0364 **
1.0347
1.0313 last
1.0299
1.0288 **
1.0260 *
1.0243 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-08-2025 at 21:51 UTC+1
Price reference: 1.0313 last known on 01-08-2025 at 21:51 UTC+1
Investment horizon: INTRADAY
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