Our pivot point stands at 0.7263.
Our preference: the downside prevails as long as 0.7263 is resistance.
Alternative scenario: above 0.7263, look for 0.7433 and 0.7534.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.7199 and 0.7318).
Supports and resistances:
0.7534 **
0.7433 *
0.7263 **
0.7196
0.7117 last
0.6914
0.6814 **
0.6713 *
0.6612 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-06-2025 at 06:06 UTC+1
Price reference: 0.7117 last known on 08-06-2025 at 06:06 UTC+1
Investment horizon: INTRADAY
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