Pivot: 1.0555
Our preference: short positions below 1.0555 with targets at 1.0460 & 1.0425 in extension.
Alternative scenario: above 1.0555 look for further upside with 1.0590 & 1.0625 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
1.0625
1.0590
1.0555
1.0506 Last
1.0460
1.0425
1.0400
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-14-2024 at 12:50 UTC+1
Price reference: 1.0506 last known on 11-14-2024 at 12:50 UTC+1
Investment horizon: INTRADAY
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