Pivot: 1.2730
Our preference: short positions below 1.2730 with targets at 1.2645 & 1.2605 in extension.
Alternative scenario: above 1.2730 look for further upside with 1.2765 & 1.2795 as targets.
Comment: as long as 1.2730 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.2795
1.2765
1.2730
1.2694 Last
1.2645
1.2605
1.2560
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-18-2023 at 05:10 UTC+1
Price reference: 1.2694 last known on 12-18-2023 at 05:10 UTC+1
Investment horizon: INTRADAY
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