Our pivot point is at 0.5767.
Our preference: as long as 0.5767 is support look for 0.5820
Alternative scenario: below 0.5767, expect 0.5748 and 0.5737.
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 0.5782 and 0.5778).
Supports and resistances:
0.5843 **
0.5831 *
0.5820 **
0.5809
0.5783 last
0.5774
0.5767 **
0.5748 *
0.5737 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-08-2025 at 06:47 UTC+1
Price reference: 0.5783 last known on 12-08-2025 at 06:47 UTC+1
Investment horizon: INTRADAY
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