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
1.2489 Last
1.2440
1.2385
1.2350
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-20-2024 at 02:47 UTC+1
Price reference: 1.2489 last known on 12-20-2024 at 02:47 UTC+1
Investment horizon: INTRADAY
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