Our pivot point stands at 1.3116.
Our preference: the upside prevails as long as 1.3116 is support.
Alternative scenario: the downside breakout of 1.3116 would call for 1.3085 and 1.3066.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.3129 and 1.3116).
Supports and resistances:
1.3246 **
1.3227 *
1.3209 **
1.3190
1.3147 last
1.3129
1.3116 **
1.3085 *
1.3066 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 09-04-2024 at 19:09 UTC+1
Price reference: 1.3147 last known on 09-04-2024 at 19:09 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf