Our pivot point is at 1.3080.
Our preference: the downside prevails as long as 1.3080 is resistance.
Alternative scenario: above 1.3080, look for 1.3115 and 1.3136.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.3062 and 1.3067).
Supports and resistances:
1.3136 **
1.3115 *
1.3080 **
1.3066
1.3050 last
1.3003
1.2982 **
1.2962 *
1.2941 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-10-2024 at 19:59 UTC+1
Price reference: 1.3050 last known on 10-10-2024 at 19:59 UTC+1
Investment horizon: INTRADAY
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