Pivot: 1.0820
Our preference: short positions below 1.0820 with targets at 1.0710 & 1.0665 in extension.
Alternative scenario: above 1.0820 look for further upside with 1.0870 & 1.0900 as targets.
Comment: as long as 1.0820 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0900
1.0870
1.0820
1.0760 Last
1.0710
1.0665
1.0620
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-06-2024 at 10:21 UTC+1
Price reference: 1.0760 last known on 11-06-2024 at 10:21 UTC+1
Investment horizon: INTRADAY
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