Pivot: 1.3600
Our preference: long positions above 1.3600 with targets at 1.3670 & 1.3700 in extension.
Alternative scenario: below 1.3600 look for further downside with 1.3565 & 1.3535 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.3730
1.3700
1.3670
1.3623 Last
1.3600
1.3565
1.3535
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 03-01-2023 at 05:10 UTC+1
Price reference: 1.3623 last known on 03-01-2023 at 05:10 UTC+1
Investment horizon: INTRADAY