Pivot: 1.2365
Our preference: long positions above 1.2365 with targets at 1.2425 & 1.2450 in extension.
Alternative scenario: below 1.2365 look for further downside with 1.2340 & 1.2320 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.2475
1.2450
1.2425
1.2383 Last
1.2365
1.2340
1.2320
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 03-31-2023 at 09:23 UTC+1
Price reference: 1.2383 last known on 03-31-2023 at 09:23 UTC+1
Investment horizon: INTRADAY