Our pivot point is at 0.5895.
Our preference: The upside prevails as long as 0.5895 is support, with 0.5932 and 0.5942 as targets
Alternative scenario: below 0.5895, expect 0.5878 and 0.5868.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 0.5899 and 0.5889).
Supports and resistances:
0.5952 *
0.5942 **
0.5932
0.5909 last
0.5895 **
0.5878 *
0.5868 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-17-2026 at 07:00 UTC+1
Price reference: 0.5909 last known on 08-17-2026 at 07:00 UTC+1
Investment horizon: INTRADAY
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