Pivot: 1.2610
Our preference: long positions above 1.2610 with targets at 1.3260 & 1.3434 in extension.
Alternative scenario: below 1.2610 look for further downside with 1.2450 & 1.2300 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.3620
1.3434
1.3260
1.3037 Last
1.2610
1.2450
1.2300
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-21-2024 at 08:50 UTC+1
Price reference: 1.3037 last known on 10-21-2024 at 08:50 UTC+1
Investment horizon: ST
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