1.0545 is our pivot point.
Our preference: the downside prevails as long as 1.0545 is resistance.
Alternative scenario: the upside breakout of 1.0545, would call for 1.0573 and 1.0589.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.0551 and 1.0546).
Supports and resistances:
1.0589 **
1.0573 *
1.0545 **
1.0534
1.0523 last
1.0488
1.0472 **
1.0455 *
1.0439 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-15-2024 at 21:43 UTC+1
Price reference: 1.0523 last known on 11-15-2024 at 21:43 UTC+1
Investment horizon: INTRADAY
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