Pivot: 1.0425
Our preference: short positions below 1.0425 with targets at 1.0350 & 1.0320 in extension.
Alternative scenario: above 1.0425 look for further upside with 1.0445 & 1.0465 as targets.
Comment: the RSI calls for a new downleg.
Supports and resistances:
1.0465
1.0445
1.0425
1.0388 Last
1.0350
1.0320
1.0300
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-06-2025 at 06:45 UTC+1
Price reference: 1.0388 last known on 02-06-2025 at 06:45 UTC+1
Investment horizon: INTRADAY
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