Pivot: 1.2195
Our preference: short positions below 1.2195 with targets at 1.2140 & 1.2120 in extension.
Alternative scenario: above 1.2195 look for further upside with 1.2210 & 1.2225 as targets.
Comment: the RSI calls for a new downleg.
Supports and resistances:
1.2225
1.2210
1.2195
1.2161 Last
1.2140
1.2120
1.2100
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-20-2025 at 00:44 UTC+1
Price reference: 1.2161 last known on 01-20-2025 at 00:44 UTC+1
Investment horizon: INTRADAY
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