Pivot: 1.2450
Our preference: long positions above 1.2450 with targets at 1.2515 & 1.2540 in extension.
Alternative scenario: below 1.2450 look for further downside with 1.2425 & 1.2400 as targets.
Comment: technically the RSI is above its neutrality area at 50.
Supports and resistances:
1.2570
1.2540
1.2515
1.2487 Last
1.2450
1.2425
1.2400
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 04-13-2023 at 06:12 UTC+1
Price reference: 1.2487 last known on 04-13-2023 at 06:12 UTC+1
Investment horizon: INTRADAY