Our pivot point stands at 0.5930.
Our preference: rebound towards 0.6038.
Alternative scenario: below 0.5930, expect 0.5890 and 0.5866.
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 is trading above its 20 period moving average (0.5962) but under its 50 period moving average (0.5973).
Supports and resistances:
0.6086 **
0.6062 *
0.6038 **
0.6014
0.5963 last
0.5946
0.5930 **
0.5890 *
0.5866 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-25-2025 at 22:29 UTC+1
Price reference: 0.5963 last known on 04-25-2025 at 22:29 UTC+1
Investment horizon: INTRADAY
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