Our pivot point is at 1.2760.
Our preference: the upside prevails as long as 1.2760 is support.
Alternative scenario: below 1.2760, expect 1.2727 and 1.2708.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.2770 and 1.2749).
Supports and resistances:
1.2897 **
1.2877 *
1.2858 **
1.2838
1.2787 last
1.2773
1.2760 **
1.2727 *
1.2708 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-09-2024 at 17:33 UTC+1
Price reference: 1.2787 last known on 12-09-2024 at 17:33 UTC+1
Investment horizon: INTRADAY
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