Pivot: 1.0430
Our preference: short positions below 1.0430 with targets at 1.0365 & 1.0330 in extension.
Alternative scenario: above 1.0430 look for further upside with 1.0470 & 1.0490 as targets.
Comment: as long as 1.0430 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0490
1.0470
1.0430
1.0400 Last
1.0365
1.0330
1.0290
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-28-2025 at 13:12 UTC+1
Price reference: 1.0400 last known on 02-28-2025 at 13:12 UTC+1
Investment horizon: INTRADAY
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