Our pivot point is at 0.8032.
Our preference: as long as 0.8032 is support look for 0.8104
Alternative scenario: below 0.8032, expect 0.8009 and 0.7995.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8052 and 0.8042).
Supports and resistances:
0.8132 **
0.8118 *
0.8104 **
0.8090
0.8060 last
0.8041
0.8032 **
0.8009 *
0.7995 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-16-2025 at 10:45 UTC+1
Price reference: 0.8060 last known on 10-16-2025 at 10:45 UTC+1
Investment horizon: INTRADAY
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