Pivot: 1.2785
Our preference: short positions below 1.2785 with targets at 1.2715 & 1.2680 in extension.
Alternative scenario: above 1.2785 look for further upside with 1.2810 & 1.2830 as targets.
Comment: as long as 1.2785 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.2830
1.2810
1.2785
1.2735 Last
1.2715
1.2680
1.2665
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-11-2024 at 13:06 UTC+1
Price reference: 1.2735 last known on 12-11-2024 at 13:06 UTC+1
Investment horizon: INTRADAY
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