Our pivot point is at 1.2553.
Our preference: rebound towards 1.2671
Alternative scenario: below 1.2553, expect 1.2512 and 1.2487.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.2588 and 1.2611).
Supports and resistances:
1.2720 **
1.2695 *
1.2671 **
1.2646
1.2586 last
1.2569
1.2553 **
1.2512 *
1.2487 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-28-2025 at 17:39 UTC+1
Price reference: 1.2586 last known on 02-28-2025 at 17:39 UTC+1
Investment horizon: INTRADAY
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