Our pivot point is at 1.3191.
Our preference: the upside prevails as long as 1.3191 is support.
Alternative scenario: the downside breakout of 1.3191 would call for 1.3159 and 1.3139.
Comment: the RSI is above 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 1.3221 and 1.3190).
Supports and resistances:
1.3346 **
1.3326 *
1.3307 **
1.3287
1.3237 last
1.3204
1.3191 **
1.3159 *
1.3139 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-18-2024 at 21:27 UTC+1
Price reference: 1.3237 last known on 09-18-2024 at 21:27 UTC+1
Investment horizon: INTRADAY
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