Pivot: 1.0575
Our preference: short positions below 1.0575 with targets at 1.0530 & 1.0510 in extension.
Alternative scenario: above 1.0575 look for further upside with 1.0590 & 1.0610 as targets.
Comment: as long as the resistance at 1.0575 is not surpassed, the risk of the break below 1.0530 remains high.
Supports and resistances:
1.0610
1.0590
1.0575
1.0555 Last
1.0530
1.0510
1.0490
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-10-2024 at 07:01 UTC+1
Price reference: 1.0555 last known on 12-10-2024 at 07:01 UTC+1
Investment horizon: INTRADAY
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