Pivot: 1.0760
Our preference: long positions above 1.0760 with targets at 1.0825 & 1.0855 in extension.
Alternative scenario: below 1.0760 look for further downside with 1.0730 & 1.0710 as targets.
Comment: a support base at 1.0760 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.0885
1.0855
1.0825
1.0778 Last
1.0760
1.0730
1.0710
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-08-2024 at 05:22 UTC+1
Price reference: 1.0778 last known on 11-08-2024 at 05:22 UTC+1
Investment horizon: INTRADAY
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