Our pivot point is at 0.7226.
Our preference: as long as 0.7226 is support look for 0.7280
Alternative scenario: below 0.7226, expect 0.7208 and 0.7197.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.7240 and 0.7226).
Supports and resistances:
0.7291 *
0.7280 **
0.7269
0.7242 last
0.7226 **
0.7208 *
0.7197 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-08-2026 at 21:20 UTC+1
Price reference: 0.7242 last known on 05-08-2026 at 21:20 UTC+1
Investment horizon: INTRADAY
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