Pivot: 1.0460
Our preference: long positions above 1.0460 with targets at 1.0530 & 1.0550 in extension.
Alternative scenario: below 1.0460 look for further downside with 1.0435 & 1.0415 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0570
1.0550
1.0530
1.0490 Last
1.0460
1.0435
1.0415
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-21-2025 at 07:46 UTC+1
Price reference: 1.0490 last known on 02-21-2025 at 07:46 UTC+1
Investment horizon: INTRADAY
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