Pivot: 1.2380
Our preference: long positions above 1.2380 with targets at 1.2455 & 1.2475 in extension.
Alternative scenario: below 1.2380 look for further downside with 1.2345 & 1.2310 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
1.2495
1.2475
1.2455
1.2420 Last
1.2380
1.2345
1.2310
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-24-2025 at 11:20 UTC+1
Price reference: 1.2420 last known on 01-24-2025 at 11:20 UTC+1
Investment horizon: INTRADAY
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