Pivot: 1.2340
Our preference: long positions above 1.2340 with targets at 1.2430 & 1.2450 in extension.
Alternative scenario: below 1.2340 look for further downside with 1.2310 & 1.2290 as targets.
Comment: a support base at 1.2340 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.2470
1.2450
1.2430
1.2386 Last
1.2340
1.2310
1.2290
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 01-24-2025 at 06:40 UTC+1
Price reference: 1.2386 last known on 01-24-2025 at 06:40 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf