Pivot: 0.7030
Our preference: short positions below 0.7030 with targets at 0.6580 & 0.6420 in extension.
Alternative scenario: above 0.7030 look for further upside with 0.7140 & 0.7280 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
0.7280 **
0.7140 ***
0.7030 ***
0.6760 Last
0.6580 ***
0.6420 **
0.6270 *
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 09:37 UTC+1
Price reference: 0.6760 last known on 03-01-2023 at 09:37 UTC+1
Investment horizon: ST