1.2565 is our pivot point.
Our preference: the downside prevails as long as 1.2565 is resistance.
Alternative scenario: above 1.2565, look for 1.2597 and 1.2617.
Comment: the RSI is below its neutrality area at 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 1.2569 and 1.2558).
Supports and resistances:
1.2617 **
1.2597 *
1.2565 **
1.2552
1.2539 last
1.2494
1.2475 **
1.2455 *
1.2436 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-26-2024 at 19:06 UTC+1
Price reference: 1.2539 last known on 11-26-2024 at 19:06 UTC+1
Investment horizon: INTRADAY
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