0.8019 is our pivot point.
Our preference: the upside prevails as long as 0.8019 is support.
Alternative scenario: below 0.8019, expect 0.7792 and 0.7657.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8070 and 0.8130).
Supports and resistances:
0.8893 **
0.8758 *
0.8623 **
0.8487
0.8206 last
0.8108
0.8019 **
0.7792 *
0.7657 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-02-2025 at 08:51 UTC+1
Price reference: 0.8206 last known on 09-02-2025 at 08:51 UTC+1
Investment horizon: INTRADAY
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