Our pivot point is at 0.5891.
Our preference: rebound towards 0.5995.
Alternative scenario: below 0.5891, expect 0.5851 and 0.5827.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.5925 and 0.5928).
Supports and resistances:
0.6043 **
0.6019 *
0.5995 **
0.5972
0.5923 last
0.5906
0.5891 **
0.5851 *
0.5827 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-18-2025 at 21:56 UTC+1
Price reference: 0.5923 last known on 08-18-2025 at 21:56 UTC+1
Investment horizon: INTRADAY
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