Our pivot point stands at 1.7769.
Our preference: as long as 1.7769 is support look for 1.8110.
Alternative scenario: the downside breakout of 1.7769 would call for 1.7639 and 1.7563.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (1.7882) but above its 50 period moving average (1.7858).
Supports and resistances:
1.8264 **
1.8187 *
1.8110 **
1.8033
1.7874 last
1.7819
1.7769 **
1.7639 *
1.7563 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-12-2025 at 22:18 UTC+1
Price reference: 1.7874 last known on 08-12-2025 at 22:18 UTC+1
Investment horizon: INTRADAY
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