Pivot: 1.2480
Our preference: short positions below 1.2480 with targets at 1.2410 & 1.2380 in extension.
Alternative scenario: above 1.2480 look for further upside with 1.2515 & 1.2550 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.2550
1.2515
1.2480
1.2443 Last
1.2410
1.2380
1.2350
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 04-06-2023 at 04:10 UTC+1
Price reference: 1.2443 last known on 04-06-2023 at 04:10 UTC+1
Investment horizon: INTRADAY