Pivot: 1.0400
Our preference: short positions below 1.0400 with targets at 1.0310 & 1.0285 in extension.
Alternative scenario: above 1.0400 look for further upside with 1.0435 & 1.0465 as targets.
Comment: as long as 1.0400 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0465
1.0435
1.0400
1.0355 Last
1.0310
1.0285
1.0260
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-21-2025 at 13:06 UTC+1
Price reference: 1.0355 last known on 01-21-2025 at 13:06 UTC+1
Investment horizon: INTRADAY
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