Pivot: 1.0740
Our preference: long positions above 1.0740 with targets at 1.0790 & 1.0810 in extension.
Alternative scenario: below 1.0740 look for further downside with 1.0720 & 1.0700 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0830
1.0810
1.0790
1.0768 Last
1.0740
1.0720
1.0700
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 05:09 UTC+1
Price reference: 1.0768 last known on 03-22-2023 at 05:09 UTC+1
Investment horizon: INTRADAY