Pivot: 1.2250
Our preference: short positions below 1.2250 with targets at 1.2170 & 1.2140 in extension.
Alternative scenario: above 1.2250 look for further upside with 1.2290 & 1.2320 as targets.
Comment: the break below 1.2250 is a negative signal that has opened a path to 1.2170.
Supports and resistances:
1.2320
1.2290
1.2250
1.2200 Last
1.2170
1.2140
1.2120
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 01-13-2025 at 02:45 UTC+1
Price reference: 1.2200 last known on 01-13-2025 at 02:45 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