Pivot: 1.0570
Our preference: short positions below 1.0570 with targets at 1.0490 & 1.0450 in extension.
Alternative scenario: above 1.0570 look for further upside with 1.0600 & 1.0630 as targets.
Comment: as long as the resistance at 1.0570 is not surpassed, the risk of the break below 1.0490 remains high.
Supports and resistances:
1.0630
1.0600
1.0570
1.0530 Last
1.0490
1.0450
1.0400
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-06-2023 at 05:10 UTC+1
Price reference: 1.0530 last known on 01-06-2023 at 05:10 UTC+1
Investment horizon: INTRADAY
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