Pivot: 1.2510
Our preference: short positions below 1.2510 with targets at 1.2475 & 1.2460 in extension.
Alternative scenario: above 1.2510 look for further upside with 1.2540 & 1.2560 as targets.
Comment: the break below 1.2510 is a negative signal that has opened a path to 1.2475.
Supports and resistances:
1.2560
1.2540
1.2510
1.2487 Last
1.2475
1.2460
1.2440
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-02-2025 at 10:57 UTC+1
Price reference: 1.2487 last known on 01-02-2025 at 10:57 UTC+1
Investment horizon: INTRADAY
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