1.3089 is our pivot point.
Our preference: rebound towards 1.3178.
Alternative scenario: below 1.3089, expect 1.3059 and 1.3042.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (1.3116) but under its 50 period moving average (1.3183).
Supports and resistances:
1.3213 **
1.3196 *
1.3178 **
1.3160
1.3125 last
1.3100
1.3089 **
1.3059 *
1.3042 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-03-2024 at 21:32 UTC+1
Price reference: 1.3125 last known on 10-03-2024 at 21:32 UTC+1
Investment horizon: INTRADAY
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