Pivot: 1.2320
Our preference: short positions below 1.2320 with targets at 1.2235 & 1.2210 in extension.
Alternative scenario: above 1.2320 look for further upside with 1.2350 & 1.2375 as targets.
Comment: as long as 1.2320 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.2375
1.2350
1.2320
1.2305 Last
1.2235
1.2210
1.2195
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-10-2025 at 11:51 UTC+1
Price reference: 1.2305 last known on 01-10-2025 at 11:51 UTC+1
Investment horizon: INTRADAY
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