Pivot: 1.2580
Our preference: short positions below 1.2580 with targets at 1.2440 & 1.2385 in extension.
Alternative scenario: above 1.2580 look for further upside with 1.2620 & 1.2670 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
1.2670
1.2620
1.2580
1.2494 Last
1.2440
1.2385
1.2350
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 12-20-2024 at 00:44 UTC+1
Price reference: 1.2494 last known on 12-20-2024 at 00:44 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