Pivot: 1.2980
Our preference: short positions below 1.2980 with targets at 1.2930 & 1.2910 in extension.
Alternative scenario: above 1.2980 look for further upside with 1.3000 & 1.3030 as targets.
Comment: as long as the resistance at 1.2980 is not surpassed, the risk of the break below 1.2930 remains high.
Supports and resistances:
1.3030
1.3000
1.2980
1.2976 Last
1.2930
1.2910
1.2885
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-05-2024 at 10:47 UTC+1
Price reference: 1.2976 last known on 11-05-2024 at 10:47 UTC+1
Investment horizon: INTRADAY
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