Our pivot point stands at 1.0469.
Our preference: rebound towards 1.0549.
Alternative scenario: below 1.0469, expect 1.0439 and 1.0422.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.0499 and 1.0511).
Supports and resistances:
1.0584 **
1.0567 *
1.0549 **
1.0532
1.0494 last
1.0481
1.0469 **
1.0439 *
1.0422 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-11-2024 at 22:27 UTC+1
Price reference: 1.0494 last known on 12-11-2024 at 22:27 UTC+1
Investment horizon: INTRADAY
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