Pivot: 1.3043
Our preference: short positions below 1.3043 with targets at 1.2470 & 1.2300 in extension.
Alternative scenario: above 1.3043 look for further upside with 1.3260 & 1.3430 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
1.3430
1.3260
1.3043
1.2738 Last
1.2470
1.2300
1.2190
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-11-2024 at 09:19 UTC+1
Price reference: 1.2738 last known on 12-11-2024 at 09:19 UTC+1
Investment horizon: ST
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