Pivot: 1.0700
Our preference: long positions above 1.0700 with targets at 1.1035 & 1.1130 in extension.
Alternative scenario: below 1.0700 look for further downside with 1.0520 & 1.0370 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.1280 ***
1.1130 ***
1.1035 ***
1.0929 Last
1.0700 ***
1.0520 ***
1.0370 **
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 09:31 UTC+1
Price reference: 1.0929 last known on 04-12-2023 at 09:31 UTC+1
Investment horizon: ST