Pivot: 1.2420
Our preference: long positions above 1.2420 with targets at 1.2465 & 1.2500 in extension.
Alternative scenario: below 1.2420 look for further downside with 1.2390 & 1.2370 as targets.
Comment: a support base at 1.2420 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.2525
1.2500
1.2465
1.2430 Last
1.2420
1.2390
1.2370
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-30-2025 at 12:55 UTC+1
Price reference: 1.2430 last known on 01-30-2025 at 12:55 UTC+1
Investment horizon: INTRADAY
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