1.2664 is our pivot point.
Our preference: the upside prevails as long as 1.2664 is support.
Alternative scenario: below 1.2664, expect 1.2628 and 1.2607.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.2676 and 1.2689).
Supports and resistances:
1.2810 **
1.2789 *
1.2768 **
1.2747
1.2692 last
1.2677
1.2664 **
1.2628 *
1.2607 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-14-2024 at 19:40 UTC+1
Price reference: 1.2692 last known on 11-14-2024 at 19:40 UTC+1
Investment horizon: INTRADAY
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