Pivot: 1.0400
Our preference: long positions above 1.0400 with targets at 1.0465 & 1.0490 in extension.
Alternative scenario: below 1.0400 look for further downside with 1.0370 & 1.0340 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0515
1.0490
1.0465
1.0407 Last
1.0400
1.0370
1.0340
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-23-2024 at 11:24 UTC+1
Price reference: 1.0407 last known on 12-23-2024 at 11:24 UTC+1
Investment horizon: INTRADAY
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