Synthesis
Pivot point : 1.0900
Our preference : long position above 1.0900 with targets at 1.0940 & 1.0965 in extension.
Alternative scenario : in case of a break of 1.0900, a continuation of the decline will be possible with 1.0880 & 1.0865 in sight.
Comment
The RSI is well oriented.
| Tendency | Calculated data | ||
|---|---|---|---|
| Technical advice | Positive | Course as of 04/01 | 1.0922 |
| Basic trend | Bullish | Pivot | 1.0900 |
| Bracket 1 | 1.0900 | Additional distance 1 | 0.0018 |
| Bracket 2 | 1.0880 | Additional distance 2 | 0.0043 |
| Resistance 1 | 1.0940 | Additional variation 1 | +0.17% |
| Resistance 2 | 1.0965 | Additional variation 2 | +0.39% |
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