Pivot: 1.2650
Our preference: long positions above 1.2650 with targets at 1.2720 & 1.2740 in extension.
Alternative scenario: below 1.2650 look for further downside with 1.2620 & 1.2595 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.2760
1.2740
1.2720
1.2679 Last
1.2650
1.2620
1.2595
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-20-2024 at 07:15 UTC+1
Price reference: 1.2679 last known on 11-20-2024 at 07:15 UTC+1
Investment horizon: INTRADAY
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