Our pivot point is at 0.6040.
Our preference: as long as 0.6040 is support look for 0.6114
Alternative scenario: below 0.6040, expect 0.6012 and 0.5995.
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 0.6057 and 0.6041).
Supports and resistances:
0.6147 **
0.6130 *
0.6114 **
0.6097
0.6063 last
0.6051
0.6040 **
0.6012 *
0.5995 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-12-2025 at 21:31 UTC+1
Price reference: 0.6063 last known on 06-12-2025 at 21:31 UTC+1
Investment horizon: INTRADAY
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