Our pivot point is at 1.3143.
Our preference: rebound towards 1.3232.
Alternative scenario: the downside breakout of 1.3143 would call for 1.3110 and 1.3091.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.3175 and 1.3190).
Supports and resistances:
1.3270 **
1.3251 *
1.3232 **
1.3213
1.3169 last
1.3156
1.3143 **
1.3110 *
1.3091 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-29-2024 at 21:51 UTC+1
Price reference: 1.3169 last known on 08-29-2024 at 21:51 UTC+1
Investment horizon: INTRADAY
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