Our pivot point is at 1.1692.
Our preference: as long as 1.1692 is support look for 1.1779
Alternative scenario: below 1.1692, expect 1.1661 and 1.1642.
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 below its 20 period moving average (1.1725) but above its 50 period moving average (1.1691).
Supports and resistances:
1.1817 **
1.1798 *
1.1779 **
1.1760
1.1718 last
1.1705
1.1692 **
1.1661 *
1.1642 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-06-2025 at 03:01 UTC+1
Price reference: 1.1718 last known on 09-06-2025 at 03:01 UTC+1
Investment horizon: INTRADAY
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