Pivot: 1.2185
Our preference: long positions above 1.2185 with targets at 1.2240 & 1.2260 in extension.
Alternative scenario: below 1.2185 look for further downside with 1.2160 & 1.2135 as targets.
Comment: the RSI calls for a rebound.
Supports and resistances:
1.2285
1.2260
1.2240
1.2220 Last
1.2185
1.2160
1.2135
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 03-22-2023 at 01:00 UTC+1
Price reference: 1.2220 last known on 03-22-2023 at 01:00 UTC+1
Investment horizon: INTRADAY