Pivot: 1.2345
Our preference: short positions below 1.2345 with targets at 1.2180 & 1.2140 in extension.
Alternative scenario: above 1.2345 look for further upside with 1.2385 & 1.2425 as targets.
Comment: the RSI has broken down its 30 level.
Supports and resistances:
1.2425
1.2385
1.2345
1.2258 Last
1.2180
1.2140
1.2100
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-03-2025 at 04:45 UTC+1
Price reference: 1.2258 last known on 02-03-2025 at 04:45 UTC+1
Investment horizon: INTRADAY
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