Our pivot point stands at 1.3278.
Our preference: the downside prevails as long as 1.3278 is resistance.
Alternative scenario: above 1.3278, look for 1.3306 and 1.3323.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.3260 and 1.3265).
Supports and resistances:
1.3323 **
1.3306 *
1.3278 **
1.3267
1.3253 last
1.3217
1.3200 **
1.3183 *
1.3167 **
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 04-05-2023 at 00:10 UTC+1
Price reference: 1.3253 last known on 04-05-2023 at 00:10 UTC+1
Investment horizon: INTRADAY