Pivot: 1.2720
Our preference: short positions below 1.2720 with targets at 1.2625 & 1.2600 in extension.
Alternative scenario: above 1.2720 look for further upside with 1.2750 & 1.2780 as targets.
Comment: as long as 1.2720 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.2780
1.2750
1.2720
1.2672 Last
1.2625
1.2600
1.2575
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 11-15-2024 at 06:57 UTC+1
Price reference: 1.2672 last known on 11-15-2024 at 06:57 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf