Pivot: 1.2260


Our preference: short positions below 1.2260 with targets at 1.1645 & 1.1400 in extension.


Alternative scenario: above 1.2260 look for further upside with 1.2440 & 1.2660 as targets.


Comment: the RSI shows downside momentum.


Supports and resistances:


1.2660 **


1.2440 ***


1.2260 ***


1.1822 Last


1.1645 ***


1.1400 **


1.1150 ***


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 09:36 UTC+1


Price reference: 1.1822 last known on 03-08-2023 at 09:36 UTC+1


Investment horizon: ST