1.0441 is our pivot point.
Our preference: the downside prevails as long as 1.0441 is resistance.
Alternative scenario: the upside breakout of 1.0441, would call for 1.0467 and 1.0482.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.0433 and 1.0462).
Supports and resistances:
1.0482 **
1.0467 *
1.0441 **
1.0430
1.0413 last
1.0364
1.0348 **
1.0333 *
1.0318 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-22-2024 at 16:36 UTC+1
Price reference: 1.0413 last known on 11-22-2024 at 16:36 UTC+1
Investment horizon: INTRADAY
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