Pivot: 0.6458
Our preference: long positions above 0.6458 with targets at 0.6495 & 0.6514 in extension.
Alternative scenario: below 0.6458 look for further downside with 0.6428 & 0.6405 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.6520
0.6514
0.6495
0.6480 Last
0.6458
0.6428
0.6405
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-02-2025 at 11:55 UTC+1
Price reference: 0.6480 last known on 06-02-2025 at 11:55 UTC+1
Investment horizon: INTRADAY
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