Pivot: 1.0455
Our preference: long positions above 1.0455 with targets at 1.0510 & 1.0525 in extension.
Alternative scenario: below 1.0455 look for further downside with 1.0440 & 1.0425 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0545
1.0525
1.0510
1.0486 Last
1.0455
1.0440
1.0425
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-27-2024 at 02:47 UTC+1
Price reference: 1.0486 last known on 11-27-2024 at 02:47 UTC+1
Investment horizon: INTRADAY
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