Pivot: 1.2665
Our preference: short positions below 1.2665 with targets at 1.2580 & 1.2550 in extension.
Alternative scenario: above 1.2665 look for further upside with 1.2695 & 1.2720 as targets.
Comment: as long as 1.2665 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.2720
1.2695
1.2665
1.2619 Last
1.2580
1.2550
1.2520
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-18-2024 at 13:12 UTC+1
Price reference: 1.2619 last known on 11-18-2024 at 13:12 UTC+1
Investment horizon: INTRADAY
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