0.5932 is our pivot point.
Our preference: as long as 0.5932 is support look for 0.6038.
Alternative scenario: below 0.5932, expect 0.5892 and 0.5868.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.5963 and 0.5954).
Supports and resistances:
0.6062 *
0.6038 **
0.6014
0.5965 last
0.5932 **
0.5892 *
0.5868 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-12-2026 at 01:47 UTC+1
Price reference: 0.5965 last known on 05-12-2026 at 01:47 UTC+1
Investment horizon: INTRADAY
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