Pivot: 1.0855
Our preference: long positions above 1.0855 with targets at 1.0910 & 1.0930 in extension.
Alternative scenario: below 1.0855 look for further downside with 1.0840 & 1.0825 as targets.
Comment: the RSI calls for a bounce.
Supports and resistances:
1.0950
1.0930
1.0910
1.0886 Last
1.0855
1.0840
1.0825
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-18-2023 at 05:37 UTC+1
Price reference: 1.0886 last known on 08-18-2023 at 05:37 UTC+1
Investment horizon: INTRADAY
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