Our pivot point stands at 1.7659.
Our preference: as long as 1.7659 is resistance expect 1.7321.
Alternative scenario: the upside breakout of 1.7659, would call for 1.7786 and 1.7861.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading under its 20 period moving average (1.7554) but above its 50 period moving average (1.7550).
Supports and resistances:
1.7861 **
1.7786 *
1.7659 **
1.7609
1.7552 last
1.7397
1.7321 **
1.7246 *
1.7170 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-09-2025 at 22:24 UTC+1
Price reference: 1.7552 last known on 05-09-2025 at 22:24 UTC+1
Investment horizon: INTRADAY
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