Our pivot point is at 1.2417.
Our preference: As long as 1.2417 is support, look for 1.2488
Alternative scenario: below 1.2417, expect 1.2391 and 1.2376.
Comment: Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.
Supports and resistances:
1.2503 *
1.2488 **
1.2473
1.2455 last
1.2417 **
1.2391 *
1.2376 **
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 10-12-2026 at 13:00 UTC+1
Price reference: 1.2455 last known on 10-12-2026 at 13:00 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf