Pivot: 1.0490
Our preference: long positions above 1.0490 with targets at 1.0520 & 1.0535 in extension.
Alternative scenario: below 1.0490 look for further downside with 1.0475 & 1.0460 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0555
1.0535
1.0520
1.0507 Last
1.0490
1.0475
1.0460
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-04-2024 at 00:48 UTC+1
Price reference: 1.0507 last known on 12-04-2024 at 00:48 UTC+1
Investment horizon: INTRADAY
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