Pivot: 1.0800
Our preference: short positions below 1.0800 with targets at 1.0370 & 1.0220 in extension.
Alternative scenario: above 1.0800 look for further upside with 1.1035 & 1.1130 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.1130 **
1.1035 ***
1.0800 ***
1.0540 Last
1.0370 **
1.0220 ***
1.0090 ***
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 03-08-2023 at 09:43 UTC+1
Price reference: 1.0540 last known on 03-08-2023 at 09:43 UTC+1
Investment horizon: ST