Pivot: 1.2420
Our preference: short positions below 1.2420 with targets at 1.2350 & 1.2320 in extension.
Alternative scenario: above 1.2420 look for further upside with 1.2445 & 1.2480 as targets.
Comment: the RSI is around its neutrality area at 50%
Supports and resistances:
1.2480
1.2445
1.2420
1.2408 Last
1.2350
1.2320
1.2300
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-03-2025 at 17:53 UTC+1
Price reference: 1.2408 last known on 01-03-2025 at 17:53 UTC+1
Investment horizon: INTRADAY
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