Our pivot point is at 1.9026.
Our preference: the downside prevails as long as 1.9026 is resistance
Alternative scenario: above 1.9026, look for 1.9077 and 1.9108.
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 1.8993 and 1.9036).
Supports and resistances:
1.9108 **
1.9077 *
1.9026 **
1.9005
1.8972 last
1.8908
1.8878 **
1.8847 *
1.8816 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-05-2025 at 06:45 UTC+1
Price reference: 1.8972 last known on 05-05-2025 at 06:45 UTC+1
Investment horizon: INTRADAY
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