1.2968 is our pivot point.
Our preference: our next up target stands at 1.3089.
Alternative scenario: below 1.2968, expect 1.2929 and 1.2906.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.2994 and 1.3001).
Supports and resistances:
1.3136 **
1.3113 *
1.3089 **
1.3066
1.3012 last
1.2984
1.2968 **
1.2929 *
1.2906 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-30-2024 at 17:08 UTC+1
Price reference: 1.3012 last known on 10-30-2024 at 17:08 UTC+1
Investment horizon: INTRADAY
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