Pivot: 1.2715
Our preference: long positions above 1.2715 with targets at 1.2770 & 1.2800 in extension.
Alternative scenario: below 1.2715 look for further downside with 1.2690 & 1.2660 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.2820
1.2800
1.2770
1.2746 Last
1.2715
1.2690
1.2660
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-06-2024 at 02:52 UTC+1
Price reference: 1.2746 last known on 12-06-2024 at 02:52 UTC+1
Investment horizon: INTRADAY
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