Pivot: 1.0415
Our preference: long positions above 1.0415 with targets at 1.0445 & 1.0465 in extension.
Alternative scenario: below 1.0415 look for further downside with 1.0390 & 1.0370 as targets.
Comment: a support base at 1.0415 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.0485
1.0465
1.0445
1.0434 Last
1.0415
1.0390
1.0370
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-05-2022 at 05:53 UTC+1
Price reference: 1.0434 last known on 07-05-2022 at 05:53 UTC+1
Investment horizon: INTRADAY
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