0.7720 is our pivot point.
Our preference: the downside prevails as long as 0.7720 is resistance.
Alternative scenario: the upside breakout of 0.7720, would call for 0.7929 and 0.8053.
Comment: the RSI is below 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 0.7621 and 0.7611).
Supports and resistances:
0.8053 **
0.7929 *
0.7720 **
0.7638
0.7541 last
0.7286
0.7162 **
0.7039 *
0.6915 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-26-2025 at 21:53 UTC+1
Price reference: 0.7541 last known on 05-26-2025 at 21:53 UTC+1
Investment horizon: INTRADAY
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