Pivot: 1.0615
Our preference: short positions below 1.0615 with targets at 1.0550 & 1.0530 in extension.
Alternative scenario: above 1.0615 look for further upside with 1.0635 & 1.0655 as targets.
Comment: as long as the resistance at 1.0615 is not surpassed, the risk of the break below 1.0550 remains high.
Supports and resistances:
1.0655
1.0635
1.0615
1.0592 Last
1.0550
1.0530
1.0500
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 05:03 UTC+1
Price reference: 1.0592 last known on 03-01-2023 at 05:03 UTC+1
Investment horizon: INTRADAY