Pivot: 1.2375
Our preference: long positions above 1.2375 with targets at 1.2420 & 1.2445 in extension.
Alternative scenario: below 1.2375 look for further downside with 1.2345 & 1.2325 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
1.2470
1.2445
1.2420
1.2402 Last
1.2375
1.2345
1.2325
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 04-11-2023 at 07:24 UTC+1
Price reference: 1.2402 last known on 04-11-2023 at 07:24 UTC+1
Investment horizon: INTRADAY