Our pivot point is at 0.5953.
Our preference: the upside prevails as long as 0.5953 is support
Alternative scenario: below 0.5953, expect 0.5933 and 0.5922.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.5957 and 0.5948).
Supports and resistances:
0.6033 **
0.6021 *
0.6009 **
0.5998
0.5974 last
0.5961
0.5953 **
0.5933 *
0.5922 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-05-2025 at 06:45 UTC+1
Price reference: 0.5974 last known on 05-05-2025 at 06:45 UTC+1
Investment horizon: INTRADAY
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