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