Pivot: 1.2425
Our preference: long positions above 1.2425 with targets at 1.2485 & 1.2525 in extension.
Alternative scenario: below 1.2425 look for further downside with 1.2395 & 1.2365 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.2560
1.2525
1.2485
1.2457 Last
1.2425
1.2395
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 16:04 UTC+1
Price reference: 1.2457 last known on 04-12-2023 at 16:04 UTC+1
Investment horizon: INTRADAY