Our pivot point stands at 1.1142.
Our preference: the upside prevails as long as 1.1142 is support.
Alternative scenario: below 1.1142, expect 1.1119 and 1.1105.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.1150 and 1.1135).
Supports and resistances:
1.1234 **
1.1220 *
1.1206 **
1.1192
1.1163 last
1.1152
1.1142 **
1.1119 *
1.1105 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-19-2024 at 22:24 UTC+1
Price reference: 1.1163 last known on 09-19-2024 at 22:24 UTC+1
Investment horizon: INTRADAY
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