Pivot: 1.3465
Our preference: short positions below 1.3465 with targets at 1.3410 & 1.3390 in extension.
Alternative scenario: above 1.3465 look for further upside with 1.3485 & 1.3505 as targets.
Comment: as long as 1.3465 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.3505
1.3485
1.3465
1.3430 Last
1.3410
1.3390
1.3370
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 04:27 UTC+1
Price reference: 1.3430 last known on 04-05-2023 at 04:27 UTC+1
Investment horizon: INTRADAY