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
1.2960 Last
1.2950
1.2935
1.2920
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 10-29-2024 at 06:50 UTC+1
Price reference: 1.2960 last known on 10-29-2024 at 06:50 UTC+1
Investment horizon: INTRADAY
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