Our pivot point stands at 1.3026.
Our preference: the upside prevails as long as 1.3026 is support.
Alternative scenario: below 1.3026, expect 1.2991 and 1.2970.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.3049 and 1.3055).
Supports and resistances:
1.3161 **
1.3140 *
1.3119 **
1.3099
1.3057 last
1.3040
1.3026 **
1.2991 *
1.2970 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-14-2024 at 22:21 UTC+1
Price reference: 1.3057 last known on 10-14-2024 at 22:21 UTC+1
Investment horizon: INTRADAY
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