Our pivot point stands at 1.2858.
Our preference: rebound towards 1.2969.
Alternative scenario: below 1.2858, expect 1.2820 and 1.2797.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (1.2880) but below its 50 period moving average (1.2921).
Supports and resistances:
1.3015 **
1.2992 *
1.2969 **
1.2946
1.2892 last
1.2873
1.2858 **
1.2820 *
1.2797 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-06-2024 at 20:58 UTC+1
Price reference: 1.2892 last known on 11-06-2024 at 20:58 UTC+1
Investment horizon: INTRADAY
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