Pivot: 1.0535
Our preference: short positions below 1.0535 with targets at 1.0475 & 1.0460 in extension.
Alternative scenario: above 1.0535 look for further upside with 1.0565 & 1.0580 as targets.
Comment: the break below 1.0535 is a negative signal that has opened a path to 1.0475.
Supports and resistances:
1.0580
1.0565
1.0535
1.0512 Last
1.0475
1.0460
1.0430
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-02-2024 at 11:13 UTC+1
Price reference: 1.0512 last known on 12-02-2024 at 11:13 UTC+1
Investment horizon: INTRADAY
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