Our pivot point is at 1.3920.
Our preference: look for a drop towards 1.3920 before a bounce
Alternative scenario: below 1.3920, expect 1.3896 and 1.3882.
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 is above its 20 and 50 period moving average (respectively at 1.3942 and 1.3942).
Supports and resistances:
1.4015 **
1.4001 *
1.3987 **
1.3973
1.3942 last
1.3929
1.3920 **
1.3896 *
1.3882 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-27-2025 at 03:03 UTC+1
Price reference: 1.3943 last known on 09-27-2025 at 03:03 UTC+1
Investment horizon: INTRADAY
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