Pivot: 1.0550
Our preference: short positions below 1.0550 with targets at 1.0505 & 1.0485 in extension.
Alternative scenario: above 1.0550 look for further upside with 1.0565 & 1.0580 as targets.
Comment: the RSI calls for a new downleg.
Supports and resistances:
1.0580
1.0565
1.0550
1.0521 Last
1.0505
1.0485
1.0460
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-02-2024 at 06:45 UTC+1
Price reference: 1.0521 last known on 12-02-2024 at 06:45 UTC+1
Investment horizon: INTRADAY
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