Our pivot point is at 2.0036.
Our preference: the downside prevails as long as 2.0036 is resistance.
Alternative scenario: above 2.0036, look for 2.0143 and 2.0207.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.9961 and 1.9984).
Supports and resistances:
2.0207 **
2.0143 *
2.0036 **
1.9994
1.9945 last
1.9815
1.9752 **
1.9688 *
1.9624 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-21-2025 at 22:18 UTC+1
Price reference: 1.9945 last known on 08-21-2025 at 22:18 UTC+1
Investment horizon: INTRADAY
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