Pivot: 1.2165


Our preference: long positions above 1.2165 with targets at 1.2250 & 1.2270 in extension.


Alternative scenario: below 1.2165 look for further downside with 1.2140 & 1.2110 as targets.


Comment: the RSI shows upside momentum.


Supports and resistances:


1.2300


1.2270


1.2250


1.2218 Last


1.2165


1.2140


1.2110


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 12:19 UTC+1


Price reference: 1.2218 last known on 03-20-2023 at 12:19 UTC+1


Investment horizon: INTRADAY