Pivot: 1.3860
Our preference: short positions below 1.3860 with targets at 1.3200 & 1.2950 in extension.
Alternative scenario: above 1.3860 look for further upside with 1.3980 & 1.4230 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.4230 **
1.3980 ***
1.3860 ***
1.3453 Last
1.3200 ***
1.2950 ***
1.2730 **
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 04-12-2023 at 09:35 UTC+1
Price reference: 1.3453 last known on 04-12-2023 at 09:35 UTC+1
Investment horizon: ST