Pivot: 1.2500
Our preference: long positions above 1.2500 with targets at 1.2550 & 1.2570 in extension.
Alternative scenario: below 1.2500 look for further downside with 1.2480 & 1.2465 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
1.2600
1.2570
1.2550
1.2524 Last
1.2500
1.2480
1.2465
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-02-2024 at 09:17 UTC+1
Price reference: 1.2524 last known on 05-02-2024 at 09:17 UTC+1
Investment horizon: INTRADAY
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