Pivot: 1.2000
Our preference: long positions above 1.2000 with targets at 1.2660 & 1.2970 in extension.
Alternative scenario: below 1.2000 look for further downside with 1.1800 & 1.1645 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.3300 ***
1.2970 ***
1.2660 ***
1.2432 Last
1.2000 ***
1.1800 ***
1.1645 **
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 09:33 UTC+1
Price reference: 1.2432 last known on 04-12-2023 at 09:33 UTC+1
Investment horizon: ST