Pivot: 1.2795
Our preference: short positions below 1.2795 with targets at 1.2700 & 1.2665 in extension.
Alternative scenario: above 1.2795 look for further upside with 1.2835 & 1.2875 as targets.
Comment: as long as 1.2795 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.2875
1.2835
1.2795
1.2748 Last
1.2700
1.2665
1.2640
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-13-2024 at 04:51 UTC+1
Price reference: 1.2748 last known on 11-13-2024 at 04:51 UTC+1
Investment horizon: INTRADAY
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