Pivot: 1.2605
Our preference: short positions below 1.2605 with targets at 1.2565 & 1.2550 in extension.
Alternative scenario: above 1.2605 look for further upside with 1.2625 & 1.2640 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.2605.
Supports and resistances:
1.2640
1.2625
1.2605
1.2586 Last
1.2565
1.2550
1.2535
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-20-2025 at 02:56 UTC+1
Price reference: 1.2586 last known on 02-20-2025 at 02:56 UTC+1
Investment horizon: INTRADAY
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