Pivot: 1.0850
Our preference: short positions below 1.0850 with targets at 1.0805 & 1.0780 in extension.
Alternative scenario: above 1.0850 look for further upside with 1.0870 & 1.0885 as targets.
Comment: the break below the support at 1.0850 triggered a bearish acceleration to the support at 1.0805.
Supports and resistances:
1.0885
1.0870
1.0850
1.0822 Last
1.0805
1.0780
1.0750
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-17-2024 at 16:16 UTC+1
Price reference: 1.0822 last known on 10-17-2024 at 16:16 UTC+1
Investment horizon: INTRADAY
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