0.8146 is our pivot point.
Our preference: as long as 0.8146 is support look for 0.8725.
Alternative scenario: the downside breakout of 0.8146 would call for 0.7924 and 0.7791.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (0.8331) but above its 50 period moving average (0.8252).
Supports and resistances:
0.8989 **
0.8857 *
0.8725 **
0.8592
0.8324 last
0.8233
0.8146 **
0.7924 *
0.7791 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-03-2025 at 10:43 UTC+1
Price reference: 0.8324 last known on 09-03-2025 at 10:43 UTC+1
Investment horizon: INTRADAY
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