Pivot: 1.1280
Our preference: short positions below 1.1280 with targets at 1.0500 & 1.0300 in extension.
Alternative scenario: above 1.1280 look for further upside with 1.1495 & 1.1675 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
1.1675
1.1495
1.1280
1.0608 Last
1.0500
1.0300
1.0090
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 11-13-2024 at 09:21 UTC+1
Price reference: 1.0608 last known on 11-13-2024 at 09:21 UTC+1
Investment horizon: MT
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf