Pivot: 1.2405
Our preference: long positions above 1.2405 with targets at 1.2455 & 1.2475 in extension.
Alternative scenario: below 1.2405 look for further downside with 1.2385 & 1.2365 as targets.
Comment: a support base at 1.2405 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.2500
1.2475
1.2455
1.2430 Last
1.2405
1.2385
1.2365
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 04-12-2023 at 06:06 UTC+1
Price reference: 1.2430 last known on 04-12-2023 at 06:06 UTC+1
Investment horizon: INTRADAY