Pivot: 1.0880
Our preference: long positions above 1.0880 with targets at 1.0925 & 1.0945 in extension.
Alternative scenario: below 1.0880 look for further downside with 1.0860 & 1.0845 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0970
1.0945
1.0925
1.0894 Last
1.0880
1.0860
1.0845
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 09:21 UTC+1
Price reference: 1.0894 last known on 03-31-2023 at 09:21 UTC+1
Investment horizon: INTRADAY