Pivot: 1.2375
Our preference: short positions below 1.2375 with targets at 1.2300 & 1.2275 in extension.
Alternative scenario: above 1.2375 look for further upside with 1.2420 & 1.2450 as targets.
Comment: the RSI lacks upward momentum.
Supports and resistances:
1.2450
1.2420
1.2375
1.2329 Last
1.2300
1.2275
1.2250
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 01-09-2025 at 07:12 UTC+1
Price reference: 1.2329 last known on 01-09-2025 at 07:12 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf