Pivot: 1.0470
Our preference: short positions below 1.0470 with targets at 1.0425 & 1.0405 in extension.
Alternative scenario: above 1.0470 look for further upside with 1.0486 & 1.0510 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
1.0510
1.0486
1.0470
1.0446 Last
1.0425
1.0405
1.0383
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-18-2025 at 22:58 UTC+1
Price reference: 1.0446 last known on 02-18-2025 at 22:58 UTC+1
Investment horizon: INTRADAY
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