0.6003 is our pivot point.
Our preference: the upside prevails as long as 0.6003 is support.
Alternative scenario: the downside breakout of 0.6003 would call for 0.5962 and 0.5938.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.6024 and 0.6005).
Supports and resistances:
0.6161 **
0.6136 *
0.6112 **
0.6088
0.6039 last
0.6019
0.6003 **
0.5962 *
0.5938 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-02-2025 at 22:05 UTC+1
Price reference: 0.6039 last known on 06-02-2025 at 22:05 UTC+1
Investment horizon: INTRADAY
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