Pivot: 1.0850
Our preference: short positions below 1.0850 with targets at 1.0810 & 1.0795 in extension.
Alternative scenario: above 1.0850 look for further upside with 1.0865 & 1.0880 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.0850.
Supports and resistances:
1.0880
1.0865
1.0850
1.0838 Last
1.0810
1.0795
1.0780
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-18-2024 at 05:48 UTC+1
Price reference: 1.0838 last known on 10-18-2024 at 05:48 UTC+1
Investment horizon: INTRADAY
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