Our pivot point is at 1.3295.
Our preference: the upside prevails as long as 1.3295 is support.
Alternative scenario: the downside breakout of 1.3295 would call for 1.3262 and 1.3242.
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 1.3307 and 1.3298).
Supports and resistances:
1.3420 **
1.3400 *
1.3380 **
1.3361
1.3321 last
1.3308
1.3295 **
1.3262 *
1.3242 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-21-2024 at 00:24 UTC+1
Price reference: 1.3321 last known on 09-21-2024 at 00:24 UTC+1
Investment horizon: INTRADAY
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