Our pivot point is at 1.1752.
Our preference: as long as 1.1752 is resistance look for 1.1659
Alternative scenario: above 1.1752, look for 1.1784 and 1.1803.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI should trigger further losses. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1726 and 1.1730).
Supports and resistances:
1.1803 **
1.1784 *
1.1752 **
1.1740
1.1725 last
1.1678
1.1659 **
1.1640 *
1.1621 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 09-12-2025 at 17:27 UTC+1
Price reference: 1.1725 last known on 09-12-2025 at 17:27 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf