Our pivot point is at 1.3024.
Our preference: as long as 1.3024 is support look for 1.3159
Alternative scenario: below 1.3024, expect 1.2981 and 1.2955.
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 1.3075 and 1.3036).
Supports and resistances:
1.3210 **
1.3185 *
1.3159 **
1.3134
1.3078 last
1.3040
1.3024 **
1.2981 *
1.2955 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-11-2025 at 21:58 UTC+1
Price reference: 1.3078 last known on 04-11-2025 at 21:58 UTC+1
Investment horizon: INTRADAY
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