Pivot: 1.1140
Our preference: short positions below 1.1140 with targets at 1.1105 & 1.1090 in extension.
Alternative scenario: above 1.1140 look for further upside with 1.1155 & 1.1170 as targets.
Comment: as long as 1.1140 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1170
1.1155
1.1140
1.1125 Last
1.1105
1.1090
1.1075
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-29-2024 at 01:39 UTC+1
Price reference: 1.1125 last known on 08-29-2024 at 01:39 UTC+1
Investment horizon: INTRADAY
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