Our pivot point stands at 0.6463.
Our preference: the upside prevails as long as 0.6463 is support.
Alternative scenario: the downside breakout of 0.6463 would call for 0.6296 and 0.6196.
Comment: the RSI is trading above 70. This could mean that either the price is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.6473 and 0.6389).
Supports and resistances:
0.7104 **
0.7004 *
0.6904 **
0.6805
0.6605 last
0.6529
0.6463 **
0.6296 *
0.6196 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-19-2025 at 19:37 UTC+1
Price reference: 0.6605 last known on 10-19-2025 at 19:37 UTC+1
Investment horizon: INTRADAY
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