Pivot: 1.2395
Our preference: long positions above 1.2395 with targets at 1.2445 & 1.2480 in extension.
Alternative scenario: below 1.2395 look for further downside with 1.2370 & 1.2350 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
1.2505
1.2480
1.2445
1.2431 Last
1.2395
1.2370
1.2350
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-06-2025 at 02:49 UTC+1
Price reference: 1.2431 last known on 01-06-2025 at 02:49 UTC+1
Investment horizon: INTRADAY
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