85.19 is our pivot point.
Our preference: as long as 85.19 is support look for 86.75.
Alternative scenario: the downside breakout of 85.19 would call for 84.60 and 84.26.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 85.63 and 85.62).
Supports and resistances:
87.44 **
87.09 *
86.75 **
86.40
85.69 last
85.42
85.19 **
84.60 *
84.26 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-25-2025 at 22:28 UTC+1
Price reference: 85.69 last known on 04-25-2025 at 22:28 UTC+1
Investment horizon: INTRADAY
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