Our pivot point is at 1.0884.
Our preference: rebound towards 1.0948.
Alternative scenario: the downside breakout of 1.0884 would call for 1.0860 and 1.0846.
Comment: the RSI is below its neutrality area at 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 1.0908 and 1.0920).
Supports and resistances:
1.0976 **
1.0962 *
1.0948 **
1.0934
1.0906 last
1.0893
1.0884 **
1.0860 *
1.0846 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-14-2024 at 22:19 UTC+1
Price reference: 1.0906 last known on 10-14-2024 at 22:19 UTC+1
Investment horizon: INTRADAY
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