Pivot: 1.2575
Our preference: short positions below 1.2575 with targets at 1.2460 & 1.2420 in extension.
Alternative scenario: above 1.2575 look for further upside with 1.2610 & 1.2645 as targets.
Comment: the immediate trend remains down and the momentum is strong.
Supports and resistances:
1.2645
1.2610
1.2575
1.2504 Last
1.2460
1.2420
1.2380
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 10:48 UTC+1
Price reference: 1.2504 last known on 11-22-2024 at 10:48 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