Pivot: 1.3200
Our preference: long positions above 1.3200 with targets at 1.3700 & 1.3980 in extension.
Alternative scenario: below 1.3200 look for further downside with 1.2950 & 1.2730 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.4230 ***
1.3980 ***
1.3700 **
1.3600 Last
1.3200 ***
1.2950 **
1.2730 **
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 09:36 UTC+1
Price reference: 1.3600 last known on 03-01-2023 at 09:36 UTC+1
Investment horizon: ST