Pivot: 1.2500
Our preference: short positions below 1.2500 with targets at 1.2460 & 1.2400 in extension.
Alternative scenario: above 1.2500 look for further upside with 1.2540 & 1.2560 as targets.
Comment: the immediate trend remains down and the momentum is strong.
Supports and resistances:
1.2560
1.2540
1.2500
1.2471 Last
1.2460
1.2400
1.2380
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-02-2025 at 11:42 UTC+1
Price reference: 1.2471 last known on 01-02-2025 at 11:42 UTC+1
Investment horizon: INTRADAY
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