Pivot: 1.2160
Our preference: long positions above 1.2160 with targets at 1.2225 & 1.2260 in extension.
Alternative scenario: below 1.2160 look for further downside with 1.2135 & 1.2100 as targets.
Comment: the RSI is mixed with a bullish bias.
Supports and resistances:
1.2285
1.2260
1.2225
1.2208 Last
1.2160
1.2135
1.2100
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-17-2025 at 13:09 UTC+1
Price reference: 1.2208 last known on 01-17-2025 at 13:09 UTC+1
Investment horizon: INTRADAY
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