Pivot: 1.2375
Our preference: long positions above 1.2375 with targets at 1.2475 & 1.2520 in extension.
Alternative scenario: below 1.2375 look for further downside with 1.2335 & 1.2290 as targets.
Comment: a support base at 1.2375 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.2570
1.2520
1.2475
1.2415 Last
1.2375
1.2335
1.2290
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-04-2025 at 02:37 UTC+1
Price reference: 1.2415 last known on 02-04-2025 at 02:37 UTC+1
Investment horizon: INTRADAY
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