Our pivot point is at 0.8401.
Our preference: as long as 0.8401 is support look for 0.8475
Alternative scenario: below 0.8401, expect 0.8376 and 0.8361.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8425 and 0.8364).
Supports and resistances:
0.8506 **
0.8491 *
0.8475 **
0.8460
0.8427 last
0.8411
0.8401 **
0.8376 *
0.8361 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-12-2025 at 18:00 UTC+1
Price reference: 0.8427 last known on 05-12-2025 at 18:00 UTC+1
Investment horizon: INTRADAY
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