Our pivot point stands at 1.3147.
Our preference: the downside prevails as long as 1.3147 is resistance.
Alternative scenario: the upside breakout of 1.3147, would call for 1.3174 and 1.3191.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.3133 and 1.3134).
Supports and resistances:
1.3191 **
1.3174 *
1.3147 **
1.3136
1.3125 last
1.3085
1.3069 **
1.3052 *
1.3036 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-13-2024 at 21:42 UTC+1
Price reference: 1.3125 last known on 09-13-2024 at 21:42 UTC+1
Investment horizon: INTRADAY
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