Pivot: 1.0480
Our preference: long positions above 1.0480 with targets at 1.0530 & 1.0545 in extension.
Alternative scenario: below 1.0480 look for further downside with 1.0465 & 1.0450 as targets.
Comment: a support base at 1.0480 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.0560
1.0545
1.0530
1.0509 Last
1.0480
1.0465
1.0450
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-17-2024 at 00:35 UTC+1
Price reference: 1.0509 last known on 12-17-2024 at 00:35 UTC+1
Investment horizon: INTRADAY
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