Pivot: 1.0900
Our preference: short positions below 1.0900 with targets at 1.0850 & 1.0830 in extension.
Alternative scenario: above 1.0900 look for further upside with 1.0915 & 1.0930 as targets.
Comment: as long as 1.0900 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0930
1.0915
1.0900
1.0891 Last
1.0850
1.0830
1.0810
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-05-2024 at 10:45 UTC+1
Price reference: 1.0891 last known on 11-05-2024 at 10:45 UTC+1
Investment horizon: INTRADAY
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