1.3052 is our pivot point.
Our preference: the upside prevails as long as 1.3052 is support.
Alternative scenario: below 1.3052, expect 1.3025 and 1.3008.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.3054 and 1.3046).
Supports and resistances:
1.3162 **
1.3145 *
1.3129 **
1.3113
1.3078 last
1.3063
1.3052 **
1.3025 *
1.3008 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-12-2024 at 17:53 UTC+1
Price reference: 1.3078 last known on 09-12-2024 at 17:53 UTC+1
Investment horizon: INTRADAY
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