Pivot: 1.2200
Our preference: long positions above 1.2200 with targets at 1.2300 & 1.2340 in extension.
Alternative scenario: below 1.2200 look for further downside with 1.2165 & 1.2140 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.2375
1.2340
1.2300
1.2265 Last
1.2200
1.2165
1.2140
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 15:10 UTC+1
Price reference: 1.2265 last known on 03-20-2023 at 15:10 UTC+1
Investment horizon: INTRADAY