Pivot: 1.2225
Our preference: short positions below 1.2225 with targets at 1.2120 & 1.2075 in extension.
Alternative scenario: above 1.2225 look for further upside with 1.2260 & 1.2290 as targets.
Comment: the RSI has broken down its 30 level.
Supports and resistances:
1.2290
1.2260
1.2225
1.2155 Last
1.2120
1.2075
1.2050
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-13-2025 at 04:51 UTC+1
Price reference: 1.2155 last known on 01-13-2025 at 04:51 UTC+1
Investment horizon: INTRADAY
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