Our pivot point is at 1.9673.
Our preference: the upside prevails as long as 1.9673 is support.
Alternative scenario: the downside breakout of 1.9673 would call for 1.9566 and 1.9503.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.9752 and 1.9743).
Supports and resistances:
2.0028 *
1.9965 **
1.9901
1.9761 last
1.9673 **
1.9566 *
1.9503 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-11-2026 at 01:22 UTC+1
Price reference: 1.9761 last known on 05-11-2026 at 01:22 UTC+1
Investment horizon: INTRADAY
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