Our pivot point is at 0.5529.
Our preference: as long as 0.5529 is support look for 0.5839
Alternative scenario: below 0.5529, expect 0.5417 and 0.5350.
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 0.5614 and 0.5564).
Supports and resistances:
0.5906 *
0.5839 **
0.5771
0.5631 last
0.5529 **
0.5417 *
0.5350 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-11-2026 at 09:15 UTC+1
Price reference: 0.5631 last known on 05-11-2026 at 09:15 UTC+1
Investment horizon: ST
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