Our pivot point is at 1.2841.
Our preference: rebound towards 1.2967.
Alternative scenario: below 1.2841, expect 1.2803 and 1.2780.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (1.2875) but below its 50 period moving average (1.2938).
Supports and resistances:
1.3013 **
1.2990 *
1.2967 **
1.2945
1.2877 last
1.2856
1.2841 **
1.2803 *
1.2780 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-06-2024 at 17:35 UTC+1
Price reference: 1.2877 last known on 11-06-2024 at 17:35 UTC+1
Investment horizon: INTRADAY
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