Pivot: 1.2940
Our preference: long positions above 1.2940 with targets at 1.3000 & 1.3025 in extension.
Alternative scenario: below 1.2940 look for further downside with 1.2915 & 1.2900 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.3050
1.3025
1.3000
1.2982 Last
1.2940
1.2915
1.2900
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-29-2024 at 11:22 UTC+1
Price reference: 1.2982 last known on 10-29-2024 at 11:22 UTC+1
Investment horizon: INTRADAY
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