Pivot: 104.1500
Our preference: short positions below 104.1500 with targets at 103.4500 & 103.2000 in extension.
Alternative scenario: above 104.1500 look for further upside with 104.3500 & 104.5700 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
104.5700
104.3500
104.1500
103.7880 Last
103.4500
103.2000
103.0000
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 03-20-2023 at 07:33 UTC+1
Price reference: 103.7880 last known on 03-20-2023 at 07:33 UTC+1
Investment horizon: INTRADAY