Pivot: 1.0375
Our preference: short positions below 1.0375 with targets at 1.0315 & 1.0295 in extension.
Alternative scenario: above 1.0375 look for further upside with 1.0400 & 1.0420 as targets.
Comment: as long as 1.0375 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0420
1.0400
1.0375
1.0356 Last
1.0315
1.0295
1.0250
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-02-2025 at 10:54 UTC+1
Price reference: 1.0356 last known on 01-02-2025 at 10:54 UTC+1
Investment horizon: INTRADAY
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