Pivot: 1.0355
Our preference: long positions above 1.0355 with targets at 1.0405 & 1.0425 in extension.
Alternative scenario: below 1.0355 look for further downside with 1.0335 & 1.0320 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0440
1.0425
1.0405
1.0377 Last
1.0355
1.0335
1.0320
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-07-2025 at 06:45 UTC+1
Price reference: 1.0377 last known on 02-07-2025 at 06:45 UTC+1
Investment horizon: INTRADAY
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