Pivot: 1.2985
Our preference: short positions below 1.2985 with targets at 1.2945 & 1.2925 in extension.
Alternative scenario: above 1.2985 look for further upside with 1.3000 & 1.3015 as targets.
Comment: as long as 1.2985 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.3015
1.3000
1.2985
1.2962 Last
1.2945
1.2925
1.2905
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-28-2024 at 00:40 UTC+1
Price reference: 1.2962 last known on 10-28-2024 at 00:40 UTC+1
Investment horizon: INTRADAY
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