Our pivot point is at 1.0425.
Our preference: rebound towards 1.0502
Alternative scenario: below 1.0425, expect 1.0397 and 1.0380.
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 above its 20 period moving average (1.0446) but below its 50 period moving average (1.0454).
Supports and resistances:
1.0535 **
1.0519 *
1.0502 **
1.0485
1.0449 last
1.0436
1.0425 **
1.0397 *
1.0380 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-19-2025 at 04:31 UTC+1
Price reference: 1.0449 last known on 02-19-2025 at 04:31 UTC+1
Investment horizon: INTRADAY
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