Our pivot point is at 1.0875.
Our preference: the upside prevails as long as 1.0875 is support.
Alternative scenario: below 1.0875, expect 1.0860 and 1.0851.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0861 and 1.0854).
Supports and resistances:
1.0933 **
1.0924 *
1.0915 **
1.0906
1.0888 last
1.0881
1.0875 **
1.0860 *
1.0851 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-03-2024 at 20:09 UTC+1
Price reference: 1.0888 last known on 06-03-2024 at 20:09 UTC+1
Investment horizon: INTRADAY
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