Our pivot point is at 1.0957.
Our preference: as long as 1.0957 is support look for 1.1004
Alternative scenario: below 1.0957, expect 1.0940 and 1.0930.
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 1.0969 and 1.0962).
Supports and resistances:
1.1024 **
1.1014 *
1.1004 **
1.0994
1.0973 last
1.0963
1.0957 **
1.0940 *
1.0930 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-14-2025 at 19:05 UTC+1
Price reference: 1.0973 last known on 08-14-2025 at 19:05 UTC+1
Investment horizon: INTRADAY
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