Pivot: 1.2430
Our preference: long positions above 1.2430 with targets at 1.2490 & 1.2515 in extension.
Alternative scenario: below 1.2430 look for further downside with 1.2395 & 1.2380 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.2550
1.2515
1.2490
1.2471 Last
1.2430
1.2395
1.2380
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 13:18 UTC+1
Price reference: 1.2471 last known on 04-06-2023 at 13:18 UTC+1
Investment horizon: INTRADAY