Pivot: 1.2305
Our preference: long positions above 1.2305 with targets at 1.2380 & 1.2410 in extension.
Alternative scenario: below 1.2305 look for further downside with 1.2265 & 1.2230 as targets.
Comment: the RSI is mixed with a bullish bias.
Supports and resistances:
1.2440
1.2410
1.2380
1.2346 Last
1.2305
1.2265
1.2230
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-22-2025 at 11:00 UTC+1
Price reference: 1.2346 last known on 01-22-2025 at 11:00 UTC+1
Investment horizon: INTRADAY
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