1.3152 is our pivot point.
Our preference: the downside prevails as long as 1.3152 is resistance.
Alternative scenario: above 1.3152, look for 1.3184 and 1.3204.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.3145 and 1.3160).
Supports and resistances:
1.3204 **
1.3184 *
1.3152 **
1.3139
1.3126 last
1.3079
1.3060 **
1.3040 *
1.3021 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-30-2024 at 21:30 UTC+1
Price reference: 1.3126 last known on 08-30-2024 at 21:30 UTC+1
Investment horizon: INTRADAY
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