Our pivot point is at 1.3700.
Our preference: as long as 1.3700 is support look for 1.3801
Alternative scenario: below 1.3700, expect 1.3669 and 1.3651.
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 below its 20 period moving average (1.3726) but above its 50 period moving average (1.3708).
Supports and resistances:
1.3837 **
1.3819 *
1.3801 **
1.3783
1.3724 last
1.3712
1.3700 **
1.3669 *
1.3651 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-21-2025 at 05:02 UTC+1
Price reference: 1.3724 last known on 06-21-2025 at 05:02 UTC+1
Investment horizon: INTRADAY
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