Pivot: 1.2325
Our preference: short positions below 1.2325 with targets at 1.2265 & 1.2235 in extension.
Alternative scenario: above 1.2325 look for further upside with 1.2345 & 1.2375 as targets.
Comment: as long as 1.2325 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.2375
1.2345
1.2325
1.2303 Last
1.2265
1.2235
1.2210
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-10-2025 at 00:48 UTC+1
Price reference: 1.2303 last known on 01-10-2025 at 00:48 UTC+1
Investment horizon: INTRADAY
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