Pivot: 1.2985
Our preference: long positions above 1.2985 with targets at 1.3020 & 1.3040 in extension.
Alternative scenario: below 1.2985 look for further downside with 1.2970 & 1.2955 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.3055
1.3040
1.3020
1.2994 Last
1.2985
1.2970
1.2955
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-30-2024 at 06:40 UTC+1
Price reference: 1.2994 last known on 10-30-2024 at 06:40 UTC+1
Investment horizon: INTRADAY
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