Pivot: 1.2065
Our preference: long positions above 1.2065 with targets at 1.2155 & 1.2180 in extension.
Alternative scenario: below 1.2065 look for further downside with 1.2025 & 1.2000 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.2220
1.2180
1.2155
1.2104 Last
1.2065
1.2025
1.2000
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 02-28-2023 at 16:06 UTC+1
Price reference: 1.2104 last known on 02-28-2023 at 16:06 UTC+1
Investment horizon: INTRADAY