Our pivot point is at 1.3299.
Our preference: the upside prevails as long as 1.3299 is support.
Alternative scenario: below 1.3299, expect 1.3269 and 1.3252.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.3312 and 1.3295).
Supports and resistances:
1.3416 **
1.3399 *
1.3381 **
1.3364
1.3328 last
1.3310
1.3299 **
1.3269 *
1.3252 **
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 03:15 UTC+1
Price reference: 1.3328 last known on 04-03-2023 at 03:15 UTC+1
Investment horizon: INTRADAY