1.0380 is our pivot point.
Our preference: rebound towards 1.0468.
Alternative scenario: below 1.0380, expect 1.0350 and 1.0332.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (1.0400) but below its 50 period moving average (1.0419).
Supports and resistances:
1.0504 **
1.0486 *
1.0468 **
1.0450
1.0406 last
1.0392
1.0380 **
1.0350 *
1.0332 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-23-2024 at 21:24 UTC+1
Price reference: 1.0406 last known on 12-23-2024 at 21:24 UTC+1
Investment horizon: INTRADAY
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