Pivot: 1.1975
Our preference: long positions above 1.1975 with targets at 1.2040 & 1.2075 in extension.
Alternative scenario: below 1.1975 look for further downside with 1.1950 & 1.1920 as targets.
Comment: a support base at 1.1975 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.2105
1.2075
1.2040
1.2003 Last
1.1975
1.1950
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 03-02-2023 at 05:05 UTC+1
Price reference: 1.2003 last known on 03-02-2023 at 05:05 UTC+1
Investment horizon: INTRADAY