Pivot: 1.2305
Our preference: long positions above 1.2305 with targets at 1.2350 & 1.2380 in extension.
Alternative scenario: below 1.2305 look for further downside with 1.2285 & 1.2265 as targets.
Comment: a support base at 1.2305 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.2410
1.2380
1.2350
1.2332 Last
1.2305
1.2285
1.2265
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 07:13 UTC+1
Price reference: 1.2332 last known on 03-29-2023 at 07:13 UTC+1
Investment horizon: INTRADAY