Our pivot point is at 1.3614.
Our preference: rebound towards 1.3727
Alternative scenario: below 1.3614, expect 1.3574 and 1.3550.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (1.3647) but below its 50 period moving average (1.3655).
Supports and resistances:
1.3775 **
1.3751 *
1.3727 **
1.3703
1.3650 last
1.3630
1.3614 **
1.3574 *
1.3550 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-05-2025 at 03:02 UTC+1
Price reference: 1.3650 last known on 07-05-2025 at 03:02 UTC+1
Investment horizon: INTRADAY
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