Pivot: 1.2305
Our preference: short positions below 1.2305 with targets at 1.2200 & 1.2160 in extension.
Alternative scenario: above 1.2305 look for further upside with 1.2345 & 1.2380 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
1.2380
1.2345
1.2305
1.2239 Last
1.2200
1.2160
1.2140
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-21-2025 at 13:07 UTC+1
Price reference: 1.2239 last known on 01-21-2025 at 13:07 UTC+1
Investment horizon: INTRADAY
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