Pivot: 1.2430
Our preference: short positions below 1.2430 with targets at 1.2335 & 1.2300 in extension.
Alternative scenario: above 1.2430 look for further upside with 1.2460 & 1.2480 as targets.
Comment: the immediate trend remains down and the momentum is strong.
Supports and resistances:
1.2480
1.2460
1.2430
1.2390 Last
1.2335
1.2300
1.2250
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-06-2025 at 13:26 UTC+1
Price reference: 1.2390 last known on 02-06-2025 at 13:26 UTC+1
Investment horizon: INTRADAY
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