Our pivot point is at 1.1382.
Our preference: the downside prevails as long as 1.1382 is resistance
Alternative scenario: above 1.1382, look for 1.1413 and 1.1431.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1366 and 1.1376).
Supports and resistances:
1.1431 **
1.1413 *
1.1382 **
1.1370
1.1355 last
1.1312
1.1294 **
1.1276 *
1.1257 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 04-30-2025 at 19:10 UTC+1
Price reference: 1.1355 last known on 04-30-2025 at 19:10 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf