Our pivot point is at 0.6158.
Our preference: technical rebound towards 0.6158 before a new drop.
Alternative scenario: the upside breakout of 0.6158, would call for 0.6301 and 0.6386.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (0.5981) but below its 50 period moving average (0.6055).
Supports and resistances:
0.6386 **
0.6301 *
0.6158 **
0.6102
0.6033 last
0.5862
0.5777 **
0.5692 *
0.5607 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-19-2025 at 01:40 UTC+1
Price reference: 0.6033 last known on 06-19-2025 at 01:40 UTC+1
Investment horizon: INTRADAY
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