Pivot: 1.2470
Our preference: long positions above 1.2470 with targets at 1.2530 & 1.2570 in extension.
Alternative scenario: below 1.2470 look for further downside with 1.2450 & 1.2425 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.2600
1.2570
1.2530
1.2506 Last
1.2470
1.2450
1.2425
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 13:18 UTC+1
Price reference: 1.2506 last known on 04-13-2023 at 13:18 UTC+1
Investment horizon: INTRADAY