Our pivot point is at 0.5814.
Our preference: The downside prevails as long as 0.5814 is resistance, with 0.5775 and 0.5766 as targets
Alternative scenario: above 0.5814, look for 0.5829 and 0.5839.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. The price stands below its 20 and 50 period moving average (respectively at 0.5802 and 0.5811).
Supports and resistances:
0.5839 **
0.5829 *
0.5814 **
0.5800 last
0.5775
0.5766 **
0.5756 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-24-2026 at 10:35 UTC+1
Price reference: 0.5800 last known on 08-24-2026 at 10:35 UTC+1
Investment horizon: INTRADAY
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