Pivot: 1.2200
Our preference: long positions above 1.2200 with targets at 1.2260 & 1.2285 in extension.
Alternative scenario: below 1.2200 look for further downside with 1.2170 & 1.2140 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
1.2305
1.2285
1.2260
1.2234 Last
1.2200
1.2170
1.2140
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-17-2025 at 00:43 UTC+1
Price reference: 1.2234 last known on 01-17-2025 at 00:43 UTC+1
Investment horizon: INTRADAY
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