Our pivot point is at 1.0633.
Our preference: rebound towards 1.0705
Alternative scenario: below 1.0633, expect 1.0611 and 1.0597.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.0663 and 1.0679).
Supports and resistances:
1.0732 **
1.0718 *
1.0705 **
1.0691
1.0660 last
1.0642
1.0633 **
1.0611 *
1.0597 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-22-2025 at 21:54 UTC+1
Price reference: 1.0660 last known on 04-22-2025 at 21:54 UTC+1
Investment horizon: INTRADAY
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