Pivot: 1.2285
Our preference: long positions above 1.2285 with targets at 1.2330 & 1.2370 in extension.
Alternative scenario: below 1.2285 look for further downside with 1.2270 & 1.2240 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.2400
1.2370
1.2330
1.2305 Last
1.2285
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 16:05 UTC+1
Price reference: 1.2305 last known on 03-28-2023 at 16:05 UTC+1
Investment horizon: INTRADAY