Pivot: 0.9370
Our preference: long positions above 0.9370 with targets at 0.9440 & 0.9470 in extension.
Alternative scenario: below 0.9370 look for further downside with 0.9340 & 0.9315 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.9490
0.9470
0.9440
0.9403 Last
0.9370
0.9340
0.9315
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 05:07 UTC+1
Price reference: 0.9403 last known on 03-01-2023 at 05:07 UTC+1
Investment horizon: INTRADAY