Pivot: 1.2490


    Our preference: short positions below 1.2490 with targets at 1.2445 & 1.2430 in extension.


    Alternative scenario: above 1.2490 look for further upside with 1.2510 & 1.2525 as targets.


    Comment: as long as 1.2490 is resistance, look for choppy price action with a bearish bias.


    Supports and resistances:


    1.2525


    1.2510


    1.2490


    1.2465 Last


    1.2445


    1.2430


    1.2410


    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 04-06-2023 at 01:45 UTC+1


    Price reference: 1.2465 last known on 04-06-2023 at 01:45 UTC+1


    Investment horizon: INTRADAY