Pivot: 1.0795
Our preference: long positions above 1.0795 with targets at 1.0825 & 1.0840 in extension.
Alternative scenario: below 1.0795 look for further downside with 1.0780 & 1.0760 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0855
1.0840
1.0825
1.0808 Last
1.0795
1.0780
1.0760
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-29-2024 at 04:37 UTC+1
Price reference: 1.0808 last known on 10-29-2024 at 04:37 UTC+1
Investment horizon: INTRADAY
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