Pivot: 1.2625
Our preference: short positions below 1.2625 with targets at 1.2540 & 1.2505 in extension.
Alternative scenario: above 1.2625 look for further upside with 1.2645 & 1.2675 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
1.2675
1.2645
1.2625
1.2581 Last
1.2540
1.2505
1.2475
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-28-2025 at 06:50 UTC+1
Price reference: 1.2581 last known on 02-28-2025 at 06:50 UTC+1
Investment horizon: INTRADAY
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