Pivot: 1.2440
Our preference: short positions below 1.2440 with targets at 1.2380 & 1.2345 in extension.
Alternative scenario: above 1.2440 look for further upside with 1.2465 & 1.2500 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
1.2500
1.2465
1.2440
1.2411 Last
1.2380
1.2345
1.2330
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 01-29-2025 at 13:04 UTC+1
Price reference: 1.2411 last known on 01-29-2025 at 13:04 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf