Pivot: 1.2165
Our preference: long positions above 1.2165 with targets at 1.2225 & 1.2250 in extension.
Alternative scenario: below 1.2165 look for further downside with 1.2140 & 1.2100 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.2275
1.2250
1.2225
1.2202 Last
1.2165
1.2140
1.2100
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-15-2025 at 06:38 UTC+1
Price reference: 1.2202 last known on 01-15-2025 at 06:38 UTC+1
Investment horizon: INTRADAY
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