Synthesis
Pivot point : 1.0685
Our preference : long position above 1.0685 with targets at 1.0730 & 1.0750 in extension.
Alternative scenario : in case of a break of 1.0685, a continuation of the decline will be possible with 1.0665 & 1.0650 in sight.
Comment
The RSI calls for continued progress.
| Tendency | Calculated data | ||
|---|---|---|---|
| Technical advice | Neutral | Course on 02/05 | 1.0712 |
| Basic trend | Bullish | Pivot | 1.0685 |
| Bracket 1 | 1.0685 | Additional distance 1 | 0.0018 |
| Bracket 2 | 1.0665 | Additional distance 2 | 0.0038 |
| Resistance 1 | 1.0730 | Additional variation 1 | +0.17% |
| Resistance 2 | 1.0750 | Additional variation 2 | +0.36% |
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