Pivot: 1.2050
Our preference: short positions below 1.2050 with targets at 1.1960 & 1.1925 in extension.
Alternative scenario: above 1.2050 look for further upside with 1.2075 & 1.2100 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.2100
1.2075
1.2050
1.2000 Last
1.1960
1.1925
1.1900
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 03-06-2023 at 13:19 UTC+1
Price reference: 1.2000 last known on 03-06-2023 at 13:19 UTC+1
Investment horizon: INTRADAY