Pivot: 1.2290
Our preference: long positions above 1.2290 with targets at 1.2340 & 1.2370 in extension.
Alternative scenario: below 1.2290 look for further downside with 1.2270 & 1.2240 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
1.2400
1.2370
1.2340
1.2320 Last
1.2290
1.2270
1.2240
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 03-28-2023 at 09:26 UTC+1
Price reference: 1.2320 last known on 03-28-2023 at 09:26 UTC+1
Investment horizon: INTRADAY