Date : 14 December 2022
Pivot point : 1.2300
Our preference : long positions above 1.2300 with targets at 1.2400 & 1.2440 in extension.
Alternative scenario : below 1.2300 look for further downside with 1.2270 & 1.2240 as targets.
Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances :
1.2352 – Last price
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
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