Pivot: 1.2400
Our preference: short positions below 1.2400 with targets at 1.2350 & 1.2330 in extension.
Alternative scenario: above 1.2400 look for further upside with 1.2420 & 1.2440 as targets.
Comment: as long as the resistance at 1.2400 is not surpassed, the risk of the break below 1.2350 remains high.
Supports and resistances:
1.2440
1.2420
1.2400
1.2372 Last
1.2350
1.2330
1.2310
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 04-18-2023 at 01:11 UTC+1
Price reference: 1.2372 last known on 04-18-2023 at 01:11 UTC+1
Investment horizon: INTRADAY