Pivot: 1.0650
Our preference: long positions above 1.0650 with targets at 1.1200 & 1.1275 in extension.
Alternative scenario: below 1.0650 look for further downside with 1.0500 & 1.0270 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1490
1.1275
1.1200
1.0840 Last
1.0650
1.0500
1.0270
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-30-2024 at 11:22 UTC+1
Price reference: 1.0840 last known on 10-30-2024 at 11:22 UTC+1
Investment horizon: MT
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