Our pivot point is at 0.8413.
Our preference: as long as 0.8413 is support look for 0.8465
Alternative scenario: below 0.8413, expect 0.8395 and 0.8384.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8428 and 0.8423).
Supports and resistances:
0.8487 **
0.8476 *
0.8465 **
0.8454
0.8428 last
0.8421
0.8413 **
0.8395 *
0.8384 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-02-2025 at 10:45 UTC+1
Price reference: 0.8428 last known on 06-02-2025 at 10:45 UTC+1
Investment horizon: INTRADAY
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