Pivot: 1.0670
Our preference: long positions above 1.0670 with targets at 1.1000 & 1.1140 in extension.
Alternative scenario: below 1.0670 look for further downside with 1.0590 & 1.0475 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1275
1.1140
1.1000
1.0816 Last
1.0670
1.0590
1.0475
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-31-2024 at 09:44 UTC+1
Price reference: 1.0816 last known on 07-31-2024 at 09:44 UTC+1
Investment horizon: ST
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