1.3139 is our pivot point.
Our preference: as long as 1.3139 is support look for 1.3227.
Alternative scenario: the downside breakout of 1.3139 would call for 1.3108 and 1.3089.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.3166 and 1.3154).
Supports and resistances:
1.3264 **
1.3246 *
1.3227 **
1.3208
1.3170 last
1.3151
1.3139 **
1.3108 *
1.3089 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-05-2024 at 19:46 UTC+1
Price reference: 1.3170 last known on 09-05-2024 at 19:46 UTC+1
Investment horizon: INTRADAY
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