Pivot: 1.0630
Our preference: short positions below 1.0630 with targets at 1.0575 & 1.0560 in extension.
Alternative scenario: above 1.0630 look for further upside with 1.0650 & 1.0670 as targets.
Comment: as long as the resistance at 1.0630 is not surpassed, the risk of the break below 1.0575 remains high.
Supports and resistances:
1.0670
1.0650
1.0630
1.0607 Last
1.0575
1.0560
1.0545
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 03:17 UTC+1
Price reference: 1.0607 last known on 03-03-2023 at 03:17 UTC+1
Investment horizon: INTRADAY