1.3006 is our pivot point.
Our preference: the downside prevails as long as 1.3006 is resistance.
Alternative scenario: above 1.3006, look for 1.3045 and 1.3068.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.2984 and 1.2998).
Supports and resistances:
1.3068 **
1.3045 *
1.3006 **
1.2991
1.2973 last
1.2924
1.2900 **
1.2877 *
1.2854 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-30-2024 at 20:57 UTC+1
Price reference: 1.2973 last known on 10-30-2024 at 20:57 UTC+1
Investment horizon: INTRADAY
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