Pivot: 1.2480
Our preference: short positions below 1.2480 with targets at 1.2400 & 1.2380 in extension.
Alternative scenario: above 1.2480 look for further upside with 1.2510 & 1.2550 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
1.2550
1.2510
1.2480
1.2424 Last
1.2400
1.2380
1.2335
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-06-2025 at 11:01 UTC+1
Price reference: 1.2424 last known on 02-06-2025 at 11:01 UTC+1
Investment horizon: INTRADAY
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