Pivot: 1.1570
Our preference: short positions below 1.1570 with targets at 1.1520 & 1.1500 in extension.
Alternative scenario: above 1.1570 look for further upside with 1.1590 & 1.1615 as targets.
Comment: as long as 1.1570 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1615
1.1590
1.1570
1.1545 Last
1.1520
1.1500
1.1480
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-02-2022 at 02:05 UTC+1
Price reference: 1.1545 last known on 09-02-2022 at 02:05 UTC+1
Investment horizon: INTRADAY
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