Pivot: 1.2475
Our preference: long positions above 1.2475 with targets at 1.2530 & 1.2550 in extension.
Alternative scenario: below 1.2475 look for further downside with 1.2445 & 1.2410 as targets.
Comment: a support base at 1.2475 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.2575
1.2550
1.2530
1.2504 Last
1.2475
1.2445
1.2410
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-06-2025 at 02:45 UTC+1
Price reference: 1.2504 last known on 02-06-2025 at 02:45 UTC+1
Investment horizon: INTRADAY
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