Pivot: 1.2300


Our preference: long positions above 1.2300 with targets at 1.2350 & 1.2380 in extension.


Alternative scenario: below 1.2300 look for further downside with 1.2280 & 1.2260 as targets.


Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.


Supports and resistances:


1.2410


1.2380


1.2350


1.2328 Last


1.2300


1.2280


1.2260


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 03-29-2023 at 01:49 UTC+1


Price reference: 1.2328 last known on 03-29-2023 at 01:49 UTC+1


Investment horizon: INTRADAY