Pivot: 1.2545
Our preference: short positions below 1.2545 with targets at 1.2500 & 1.2475 in extension.
Alternative scenario: above 1.2545 look for further upside with 1.2570 & 1.2590 as targets.
Comment: as long as the resistance at 1.2545 is not surpassed, the risk of the break below 1.2500 remains high.
Supports and resistances:
1.2590
1.2570
1.2545
1.2524 Last
1.2500
1.2475
1.2450
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-27-2024 at 06:49 UTC+1
Price reference: 1.2524 last known on 12-27-2024 at 06:49 UTC+1
Investment horizon: INTRADAY
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