Our pivot point is at 1.0814.
Our preference: the upside prevails as long as 1.0814 is support.
Alternative scenario: below 1.0814, expect 1.0791 and 1.0777.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0826 and 1.0822).
Supports and resistances:
1.0905 **
1.0892 *
1.0878 **
1.0865
1.0836 last
1.0822
1.0814 **
1.0791 *
1.0777 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-25-2024 at 16:24 UTC+1
Price reference: 1.0836 last known on 10-25-2024 at 16:24 UTC+1
Investment horizon: INTRADAY
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