Pivot: 1.0505
Our preference: long positions above 1.0505 with targets at 1.0555 & 1.0575 in extension.
Alternative scenario: below 1.0505 look for further downside with 1.0490 & 1.0475 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
1.0595
1.0575
1.0555
1.0537 Last
1.0505
1.0490
1.0475
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-05-2024 at 13:05 UTC+1
Price reference: 1.0537 last known on 12-05-2024 at 13:05 UTC+1
Investment horizon: INTRADAY
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