Pivot: 1.2230
Our preference: long positions above 1.2230 with targets at 1.2300 & 1.2330 in extension.
Alternative scenario: below 1.2230 look for further downside with 1.2200 & 1.2170 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
1.2360
1.2330
1.2300
1.2273 Last
1.2230
1.2200
1.2170
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 03-21-2023 at 00:37 UTC+1
Price reference: 1.2273 last known on 03-21-2023 at 00:37 UTC+1
Investment horizon: INTRADAY