1.0563 is our pivot point.
Our preference: the upside prevails as long as 1.0563 is support.
Alternative scenario: below 1.0563, expect 1.0536 and 1.0520.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.0572 and 1.0583).
Supports and resistances:
1.0671 **
1.0655 *
1.0639 **
1.0624
1.0592 last
1.0573
1.0563 **
1.0536 *
1.0520 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-19-2024 at 17:15 UTC+1
Price reference: 1.0592 last known on 11-19-2024 at 17:15 UTC+1
Investment horizon: INTRADAY
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