Pivot: 1.0650
Our preference: long positions above 1.0650 with targets at 1.1000 & 1.1200 in extension.
Alternative scenario: below 1.0650 look for further downside with 1.0500 & 1.0450 as targets.
Comment: the RSI has just landed on a support around 30% and is reversing up.
Supports and resistances:
1.1275
1.1200
1.1000
1.0856 Last
1.0650
1.0500
1.0450
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 10-21-2024 at 08:40 UTC+1
Price reference: 1.0856 last known on 10-21-2024 at 08:40 UTC+1
Investment horizon: ST
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf