Pivot: 1.0870
Our preference: long positions above 1.0870 with targets at 1.0910 & 1.0925 in extension.
Alternative scenario: below 1.0870 look for further downside with 1.0850 & 1.0830 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0950
1.0925
1.0910
1.0890 Last
1.0870
1.0850
1.0830
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 04-04-2023 at 07:19 UTC+1
Price reference: 1.0890 last known on 04-04-2023 at 07:19 UTC+1
Investment horizon: INTRADAY