Pivot: 1.0630
Our preference: short positions below 1.0630 with targets at 1.0080 & 0.9880 in extension.
Alternative scenario: above 1.0630 look for further upside with 1.0780 & 1.0940 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
1.0940
1.0780
1.0630
1.0217 Last
1.0080
0.9880
0.9570
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-13-2025 at 08:54 UTC+1
Price reference: 1.0217 last known on 01-13-2025 at 08:54 UTC+1
Investment horizon: ST
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