Our pivot point is at 0.5938.
Our preference: rebound towards 0.5988
Alternative scenario: below 0.5938, expect 0.5920 and 0.5909.
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 below its 20 and 50 period moving average (respectively at 0.5954 and 0.5959).
Supports and resistances:
0.6010 **
0.5999 *
0.5988 **
0.5978
0.5954 last
0.5945
0.5938 **
0.5920 *
0.5909 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-30-2025 at 01:15 UTC+1
Price reference: 0.5954 last known on 07-30-2025 at 01:15 UTC+1
Investment horizon: INTRADAY
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