Our pivot point is at 0.8633.
Our preference: as long as 0.8633 is support look for 0.8699.
Alternative scenario: the downside breakout of 0.8633 would call for 0.8609 and 0.8594.
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 trading above both its 20 and 50 period moving average (respectively at 0.8653 and 0.8649).
Supports and resistances:
0.8714 *
0.8699 **
0.8685
0.8654 last
0.8633 **
0.8609 *
0.8594 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-12-2026 at 06:09 UTC+1
Price reference: 0.8654 last known on 05-12-2026 at 06:09 UTC+1
Investment horizon: INTRADAY
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