Our pivot point is at 1.0825.
Our preference: as long as 1.0825 is support look for 1.0914
Alternative scenario: below 1.0825, expect 1.0796 and 1.0778.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0847 and 1.0818).
Supports and resistances:
1.0949 **
1.0931 *
1.0914 **
1.0896
1.0851 last
1.0837
1.0825 **
1.0796 *
1.0778 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-07-2025 at 21:36 UTC+1
Price reference: 1.0851 last known on 03-07-2025 at 21:36 UTC+1
Investment horizon: INTRADAY
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