Pivot: 1.0905
Our preference: long positions above 1.0905 with targets at 1.0935 & 1.0950 in extension.
Alternative scenario: below 1.0905 look for further downside with 1.0890 & 1.0875 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.0970
1.0950
1.0935
1.0921 Last
1.0905
1.0890
1.0875
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 04-12-2023 at 06:05 UTC+1
Price reference: 1.0921 last known on 04-12-2023 at 06:05 UTC+1
Investment horizon: INTRADAY