Pivot: 1.2170
Our preference: short positions below 1.2170 with targets at 1.2075 & 1.2025 in extension.
Alternative scenario: above 1.2170 look for further upside with 1.2210 & 1.2260 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
1.2260
1.2210
1.2170
1.2104 Last
1.2075
1.2025
1.2000
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-13-2025 at 11:06 UTC+1
Price reference: 1.2104 last known on 01-13-2025 at 11:06 UTC+1
Investment horizon: INTRADAY
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