Our pivot point stands at 1.3083.
Our preference: the downside prevails as long as 1.3083 is resistance.
Alternative scenario: above 1.3083, look for 1.3118 and 1.3139.
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 1.3071 and 1.3071).
Supports and resistances:
1.3139 **
1.3118 *
1.3083 **
1.3070
1.3049 last
1.2983
1.2963 **
1.2942 *
1.2921 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-10-2024 at 17:10 UTC+1
Price reference: 1.3049 last known on 10-10-2024 at 17:10 UTC+1
Investment horizon: INTRADAY
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