Our pivot point stands at 1.0709.
Our preference: rebound towards 1.0786.
Alternative scenario: below 1.0709, expect 1.0687 and 1.0673.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (1.0730) but under its 50 period moving average (1.0811).
Supports and resistances:
1.0813 **
1.0799 *
1.0786 **
1.0772
1.0731 last
1.0718
1.0709 **
1.0687 *
1.0673 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-06-2024 at 17:39 UTC+1
Price reference: 1.0731 last known on 11-06-2024 at 17:39 UTC+1
Investment horizon: INTRADAY
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