Pivot: 1.0950
Our preference: short positions below 1.0950 with targets at 1.0860 & 1.0830 in extension.
Alternative scenario: above 1.0950 look for further upside with 1.0980 & 1.1010 as targets.
Comment: as long as the resistance at 1.0950 is not surpassed, the risk of the break below 1.0860 remains high.
Supports and resistances:
1.1010
1.0980
1.0950
1.0909 Last
1.0860
1.0830
1.0800
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-18-2023 at 05:09 UTC+1
Price reference: 1.0909 last known on 12-18-2023 at 05:09 UTC+1
Investment horizon: INTRADAY
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