Pivot: 1.0505
Our preference: short positions below 1.0505 with targets at 1.0470 & 1.0450 in extension.
Alternative scenario: above 1.0505 look for further upside with 1.0530 & 1.0545 as targets.
Comment: as long as the resistance at 1.0505 is not surpassed, the risk of the break below 1.0470 remains high.
Supports and resistances:
1.0545
1.0530
1.0505
1.0490 Last
1.0470
1.0450
1.0430
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-17-2024 at 13:09 UTC+1
Price reference: 1.0490 last known on 12-17-2024 at 13:09 UTC+1
Investment horizon: INTRADAY
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