Pivot: 1.2625
Our preference: short positions below 1.2625 with targets at 1.2560 & 1.2540 in extension.
Alternative scenario: above 1.2625 look for further upside with 1.2650 & 1.2675 as targets.
Comment: as long as 1.2625 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.2675
1.2650
1.2625
1.2589 Last
1.2560
1.2540
1.2520
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 11-22-2024 at 02:44 UTC+1
Price reference: 1.2589 last known on 11-22-2024 at 02:44 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