Pivot: 1.0490
Our preference: short positions below 1.0490 with targets at 1.0445 & 1.0425 in extension.
Alternative scenario: above 1.0490 look for further upside with 1.0510 & 1.0530 as targets.
Comment: as long as 1.0490 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0530
1.0510
1.0490
1.0475 Last
1.0445
1.0425
1.0405
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-26-2024 at 06:57 UTC+1
Price reference: 1.0475 last known on 11-26-2024 at 06:57 UTC+1
Investment horizon: INTRADAY
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