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