Pivot: 1.2940
Our preference: long positions above 1.2940 with targets at 1.3015 & 1.3045 in extension.
Alternative scenario: below 1.2940 look for further downside with 1.2900 & 1.2870 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.3080
1.3045
1.3015
1.2969 Last
1.2940
1.2900
1.2870
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-08-2024 at 02:43 UTC+1
Price reference: 1.2969 last known on 11-08-2024 at 02:43 UTC+1
Investment horizon: INTRADAY
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