Our pivot point is at 1.1330.
Our preference: the upside prevails as long as 1.1330 is support
Alternative scenario: below 1.1330, expect 1.1300 and 1.1281.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.1342 and 1.1352).
Supports and resistances:
1.1451 **
1.1433 *
1.1415 **
1.1397
1.1359 last
1.1343
1.1330 **
1.1300 *
1.1281 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-30-2025 at 21:29 UTC+1
Price reference: 1.1359 last known on 05-30-2025 at 21:29 UTC+1
Investment horizon: INTRADAY
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