Pivot: 1.1075
Our preference: long positions above 1.1075 with targets at 1.1110 & 1.1140 in extension.
Alternative scenario: below 1.1075 look for further downside with 1.1060 & 1.1040 as targets.
Comment: the break above 1.1075 is a positive signal that has opened a path to 1.1110.
Supports and resistances:
1.1160
1.1140
1.1110
1.1098 Last
1.1075
1.1060
1.1040
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-05-2024 at 13:10 UTC+1
Price reference: 1.1098 last known on 09-05-2024 at 13:10 UTC+1
Investment horizon: INTRADAY
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