Pivot: 1.0865
Our preference: short positions below 1.0865 with targets at 1.0830 & 1.0815 in extension.
Alternative scenario: above 1.0865 look for further upside with 1.0880 & 1.0900 as targets.
Comment: as long as 1.0865 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0900
1.0880
1.0865
1.0853 Last
1.0830
1.0815
1.0800
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-17-2024 at 11:31 UTC+1
Price reference: 1.0853 last known on 10-17-2024 at 11:31 UTC+1
Investment horizon: INTRADAY
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