Pivot: 1.0880
Our preference: long positions above 1.0880 with targets at 1.0915 & 1.0930 in extension.
Alternative scenario: below 1.0880 look for further downside with 1.0850 & 1.0830 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
1.0955
1.0930
1.0915
1.0900 Last
1.0880
1.0850
1.0830
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 11-05-2024 at 13:10 UTC+1
Price reference: 1.0900 last known on 11-05-2024 at 13:10 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf