Pivot: 1.0355
Our preference: short positions below 1.0355 with targets at 1.0270 & 1.0240 in extension.
Alternative scenario: above 1.0355 look for further upside with 1.0390 & 1.0430 as targets.
Comment: as long as 1.0355 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0430
1.0390
1.0355
1.0325 Last
1.0270
1.0240
1.0210
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 02-04-2025 at 13:03 UTC+1
Price reference: 1.0325 last known on 02-04-2025 at 13:03 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf