Pivot: 1.2350


Our preference: short positions below 1.2350 with targets at 1.2280 & 1.2240 in extension.


Alternative scenario: above 1.2350 look for further upside with 1.2370 & 1.2390 as targets.


Comment: the RSI has broken down its 30 level.


Supports and resistances:


1.2390


1.2370


1.2350


1.2301 Last


1.2280


1.2240


1.2190


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 04-03-2023 at 01:49 UTC+1


Price reference: 1.2301 last known on 04-03-2023 at 01:49 UTC+1


Investment horizon: INTRADAY