Our pivot point stands at 1.8933.
Our preference: the upside prevails as long as 1.8933 is support.
Alternative scenario: below 1.8933, expect 1.8831 and 1.8770.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.8996 and 1.8944).
Supports and resistances:
1.9340 **
1.9279 *
1.9218 **
1.9157
1.9030 last
1.8973
1.8933 **
1.8831 *
1.8770 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-07-2025 at 22:25 UTC+1
Price reference: 1.9030 last known on 05-07-2025 at 22:25 UTC+1
Investment horizon: INTRADAY
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