Our pivot point stands at 0.8410.
Our preference: the upside prevails as long as 0.8410 is support.
Alternative scenario: below 0.8410, expect 0.8386 and 0.8372.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.8420 and 0.8421).
Supports and resistances:
0.8500 **
0.8486 *
0.8472 **
0.8458
0.8429 last
0.8419
0.8410 **
0.8386 *
0.8372 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-30-2025 at 21:42 UTC+1
Price reference: 0.8429 last known on 05-30-2025 at 21:42 UTC+1
Investment horizon: INTRADAY
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