Pivot: 1.3172
Our preference: long positions above 1.3172 with targets at 1.3230 & 1.3260 in extension.
Alternative scenario: below 1.3172 look for further downside with 1.3150 & 1.3130 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.3280
1.3260
1.3230
1.3199 Last
1.3172
1.3150
1.3130
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-26-2024 at 11:29 UTC+1
Price reference: 1.3199 last known on 08-26-2024 at 11:29 UTC+1
Investment horizon: INTRADAY
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