Our pivot point stands at 1.3069.
Our preference: the upside prevails as long as 1.3069 is support.
Alternative scenario: below 1.3069, expect 1.3041 and 1.3025.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.3064 and 1.3051).
Supports and resistances:
1.3175 **
1.3159 *
1.3142 **
1.3126
1.3091 last
1.3079
1.3069 **
1.3041 *
1.3025 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-12-2024 at 19:43 UTC+1
Price reference: 1.3091 last known on 09-12-2024 at 19:43 UTC+1
Investment horizon: INTRADAY
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