Our pivot point stands at 1.3702.
Our preference: the downside prevails as long as 1.3702 is resistance.
Alternative scenario: above 1.3702, look for 1.3744 and 1.3769.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.3691 and 1.3708).
Supports and resistances:
1.3769 **
1.3744 *
1.3702 **
1.3685
1.3663 last
1.3610
1.3585 **
1.3560 *
1.3535 **
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 18:38 UTC+1
Price reference: 1.3663 last known on 03-20-2023 at 18:38 UTC+1
Investment horizon: INTRADAY