Pivot: 1.2280
Our preference: long positions above 1.2280 with targets at 1.2340 & 1.2360 in extension.
Alternative scenario: below 1.2280 look for further downside with 1.2260 & 1.2240 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.2380
1.2360
1.2340
1.2312 Last
1.2280
1.2260
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 03-30-2023 at 01:52 UTC+1
Price reference: 1.2312 last known on 03-30-2023 at 01:52 UTC+1
Investment horizon: INTRADAY