Pivot: 1.1985
Our preference: short positions below 1.1985 with targets at 1.1920 & 1.1895 in extension.
Alternative scenario: above 1.1985 look for further upside with 1.2015 & 1.2045 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
1.2045
1.2015
1.1985
1.1951 Last
1.1920
1.1895
1.1870
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 03-03-2023 at 00:29 UTC+1
Price reference: 1.1951 last known on 03-03-2023 at 00:29 UTC+1
Investment horizon: INTRADAY