Pivot: 1.0880
Our preference: long positions above 1.0880 with targets at 1.1200 & 1.1275 in extension.
Alternative scenario: below 1.0880 look for further downside with 1.0780 & 1.0670 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
1.1380
1.1275
1.1200
1.1004 Last
1.0880
1.0780
1.0670
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 09-11-2024 at 08:54 UTC+1
Price reference: 1.1004 last known on 09-11-2024 at 08:54 UTC+1
Investment horizon: ST
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