Pivot: 1.2950
Our preference: long positions above 1.2950 with targets at 1.2985 & 1.3000 in extension.
Alternative scenario: below 1.2950 look for further downside with 1.2935 & 1.2920 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.3015
1.3000
1.2985
1.2966 Last
1.2950
1.2935
1.2920
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-29-2024 at 02:43 UTC+1
Price reference: 1.2966 last known on 10-29-2024 at 02:43 UTC+1
Investment horizon: INTRADAY
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