Our pivot point is at 0.6460.
Our preference: as long as 0.6460 is support look for 0.6528
Alternative scenario: below 0.6460, expect 0.6439 and 0.6426.
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 0.6476 and 0.6455).
Supports and resistances:
0.6553 **
0.6540 *
0.6528 **
0.6515
0.6489 last
0.6468
0.6460 **
0.6439 *
0.6426 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-02-2025 at 16:33 UTC+1
Price reference: 0.6489 last known on 06-02-2025 at 16:33 UTC+1
Investment horizon: INTRADAY
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