Our pivot point is at 1.3203.
Our preference: the downside prevails as long as 1.3203 is resistance.
Alternative scenario: the upside breakout of 1.3203, would call for 1.3234 and 1.3253.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.3177 and 1.3175).
Supports and resistances:
1.3253 **
1.3234 *
1.3203 **
1.3190
1.3161 last
1.3120
1.3101 **
1.3083 *
1.3064 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-06-2024 at 16:41 UTC+1
Price reference: 1.3161 last known on 09-06-2024 at 16:41 UTC+1
Investment horizon: INTRADAY
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