0.9449 is our pivot point.
Our preference: the downside prevails as long as 0.9449 is resistance.
Alternative scenario: above 0.9449, look for 1.0974 and 1.1883.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.8751 and 0.8273).
Supports and resistances:
1.1883 **
1.0974 *
0.9449 **
0.8849
0.8208 last
0.6224
0.5345 **
0.4467 *
0.3588 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-02-2025 at 12:04 UTC+1
Price reference: 0.8208 last known on 09-02-2025 at 12:04 UTC+1
Investment horizon: ST
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