Pivot: 1.0970
Our preference: long positions above 1.0970 with targets at 1.1025 & 1.1045 in extension.
Alternative scenario: below 1.0970 look for further downside with 1.0950 & 1.0930 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1065
1.1045
1.1025
1.0998 Last
1.0970
1.0950
1.0930
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-22-2023 at 07:15 UTC+1
Price reference: 1.0998 last known on 12-22-2023 at 07:15 UTC+1
Investment horizon: INTRADAY
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