Pivot: 1.0890
Our preference: short positions below 1.0890 with targets at 1.0805 & 1.0770 in extension.
Alternative scenario: above 1.0890 look for further upside with 1.0915 & 1.0940 as targets.
Comment: the immediate trend remains down and the momentum is strong.
Supports and resistances:
1.0940
1.0915
1.0890
1.0835 Last
1.0805
1.0770
1.0735
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 11-06-2024 at 02:45 UTC+1
Price reference: 1.0835 last known on 11-06-2024 at 02:45 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