Our pivot point is at 0.9381.
Our preference: as long as 0.9381 is support look for 0.9438
Alternative scenario: below 0.9381, expect 0.9361 and 0.9349.
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 below its 20 period moving average (0.9402) but above its 50 period moving average (0.9391).
Supports and resistances:
0.9461 **
0.9450 *
0.9438 **
0.9426
0.9402 last
0.9389
0.9381 **
0.9361 *
0.9349 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 06-20-2025 at 10:51 UTC+1
Price reference: 0.9402 last known on 06-20-2025 at 10:51 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf