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