Pivot: 1.3490
Our preference: short positions below 1.3490 with targets at 1.3440 & 1.3420 in extension.
Alternative scenario: above 1.3490 look for further upside with 1.3510 & 1.3530 as targets.
Comment: as long as 1.3490 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.3530
1.3510
1.3490
1.3464 Last
1.3440
1.3420
1.3400
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-02-2025 at 01:41 UTC+1
Price reference: 1.3464 last known on 06-02-2025 at 01:41 UTC+1
Investment horizon: INTRADAY
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