Our pivot point stands at 0.8074.
Our preference: rebound.
Alternative scenario: the downside breakout of 0.8074 would call for 0.7873 and 0.7754.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (0.8186) but below its 50 period moving average (0.8269).
Supports and resistances:
0.8833 **
0.8714 *
0.8595 **
0.8475
0.8237 last
0.8152
0.8074 **
0.7873 *
0.7754 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-08-2025 at 15:03 UTC+1
Price reference: 0.8237 last known on 10-08-2025 at 15:03 UTC+1
Investment horizon: INTRADAY
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