Pivot: 1.2960
Our preference: short positions below 1.2960 with targets at 1.2780 & 1.2740 in extension.
Alternative scenario: above 1.2960 look for further upside with 1.3050 & 1.3110 as targets.
Comment: as long as 1.2960 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.3110
1.3050
1.2960
1.2857 Last
1.2780
1.2740
1.2700
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-07-2025 at 05:29 UTC+1
Price reference: 1.2857 last known on 04-07-2025 at 05:29 UTC+1
Investment horizon: INTRADAY
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