Pivot: 1.0800
Our preference: long positions above 1.0800 with targets at 1.0835 & 1.0850 in extension.
Alternative scenario: below 1.0800 look for further downside with 1.0785 & 1.0770 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0870
1.0850
1.0835
1.0814 Last
1.0800
1.0785
1.0770
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 10-30-2024 at 06:39 UTC+1
Price reference: 1.0814 last known on 10-30-2024 at 06:39 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