Pivot: 1.2050
Our preference: short positions below 1.2050 with targets at 1.1970 & 1.1940 in extension.
Alternative scenario: above 1.2050 look for further upside with 1.2090 & 1.2120 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.2120
1.2090
1.2050
1.2025 Last
1.1970
1.1940
1.1920
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 16:06 UTC+1
Price reference: 1.2025 last known on 03-01-2023 at 16:06 UTC+1
Investment horizon: INTRADAY