112.57 is our pivot point.
Our preference: as long as 112.57 is support look for 115.14.
Alternative scenario: below 112.57, expect 111.61 and 111.04.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 113.38 and 112.93).
Supports and resistances:
115.71 *
115.14 **
114.56
113.39 last
112.57 **
111.61 *
111.04 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-06-2026 at 00:38 UTC+1
Price reference: 113.39 last known on 05-06-2026 at 00:38 UTC+1
Investment horizon: INTRADAY
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