Our pivot point stands at 0.8625.
Our preference: rebound towards 0.8692.
Alternative scenario: the downside breakout of 0.8625 would call for 0.8601 and 0.8586.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.8653 and 0.8666).
Supports and resistances:
0.8721 **
0.8707 *
0.8692 **
0.8678
0.8646 last
0.8634
0.8625 **
0.8601 *
0.8586 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-29-2025 at 21:38 UTC+1
Price reference: 0.8646 last known on 07-29-2025 at 21:38 UTC+1
Investment horizon: INTRADAY
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