Pivot: 1.0940
Our preference: short positions below 1.0940 with targets at 1.0500 & 1.0450 in extension.
Alternative scenario: above 1.0940 look for further upside with 1.1000 & 1.1200 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
1.1200
1.1000
1.0940
1.0548 Last
1.0500
1.0450
1.0300
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-18-2024 at 09:09 UTC+1
Price reference: 1.0548 last known on 11-18-2024 at 09:09 UTC+1
Investment horizon: ST
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