Pivot: 1.2530
Our preference: short positions below 1.2530 with targets at 1.2480 & 1.2465 in extension.
Alternative scenario: above 1.2530 look for further upside with 1.2550 & 1.2570 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.2570
1.2550
1.2530
1.2494 Last
1.2480
1.2465
1.2445
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-02-2024 at 16:02 UTC+1
Price reference: 1.2494 last known on 05-02-2024 at 16:02 UTC+1
Investment horizon: INTRADAY
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