Our pivot point is at 0.5600.
Our preference: In spite of the current correction, a rebound near 0.5664 is expected as long as 0.5600 is still intact
Alternative scenario: below 0.5600, expect 0.5586 and 0.5577.
Comment: the RSI is above its neutrality area at 50. The price stands above its 20 period moving average (0.5615) but below its 50 period moving average (0.5631).
Supports and resistances:
0.5672 *
0.5664 **
0.5655
0.5628 last
0.5600 **
0.5586 *
0.5577 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-28-2026 at 20:35 UTC+1
Price reference: 0.5628 last known on 10-28-2026 at 20:35 UTC+1
Investment horizon: INTRADAY
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