1.3025 is our pivot point.
Our preference: rebound towards 1.3118.
Alternative scenario: the downside breakout of 1.3025 would call for 1.2990 and 1.2969.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.3057 and 1.3066).
Supports and resistances:
1.3159 **
1.3139 *
1.3118 **
1.3097
1.3055 last
1.3038
1.3025 **
1.2990 *
1.2969 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-10-2024 at 21:45 UTC+1
Price reference: 1.3055 last known on 10-10-2024 at 21:45 UTC+1
Investment horizon: INTRADAY
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