Our pivot point is at 1.0484.
Our preference: as long as 1.0484 is resistance look for 1.0402
Alternative scenario: above 1.0484, look for 1.0510 and 1.0525.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.0458 and 1.0457).
Supports and resistances:
1.0525 **
1.0510 *
1.0484 **
1.0453 last
1.0417
1.0402 **
1.0387 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-12-2026 at 10:35 UTC+1
Price reference: 1.0453 last known on 03-12-2026 at 10:35 UTC+1
Investment horizon: INTRADAY
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