Pivot: 1.2385
Our preference: short positions below 1.2385 with targets at 1.2230 & 1.2180 in extension.
Alternative scenario: above 1.2385 look for further upside with 1.2425 & 1.2470 as targets.
Comment: the RSI calls for a slump.
Supports and resistances:
1.2470
1.2425
1.2385
1.2288 Last
1.2230
1.2180
1.2140
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-03-2025 at 00:43 UTC+1
Price reference: 1.2288 last known on 02-03-2025 at 00:43 UTC+1
Investment horizon: INTRADAY
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