1.8001 is our pivot point.
Our preference: as long as 1.8001 is support look for 1.8351.
Alternative scenario: below 1.8001, expect 1.7870 and 1.7793.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is below its 20 period moving average (1.8113) but above its 50 period moving average (1.8078).
Supports and resistances:
1.8507 **
1.8429 *
1.8351 **
1.8273
1.8111 last
1.8053
1.8001 **
1.7870 *
1.7793 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-20-2025 at 22:26 UTC+1
Price reference: 1.8111 last known on 08-20-2025 at 22:26 UTC+1
Investment horizon: INTRADAY
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