Pivot: 0.5900
Our preference: long positions above 0.5900 with targets at 0.6540 & 0.6680 in extension.
Alternative scenario: below 0.5900 look for further downside with 0.5800 & 0.5710 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
0.6930
0.6680
0.6540
0.6433 Last
0.5900
0.5800
0.5710
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-05-2025 at 02:33 UTC+1
Price reference: 0.6433 last known on 05-05-2025 at 02:33 UTC+1
Investment horizon: ST
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