Pivot: 1.1800
Our preference: long positions above 1.1800 with targets at 1.2440 & 1.2660 in extension.
Alternative scenario: below 1.1800 look for further downside with 1.1645 & 1.1400 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.2970 ***
1.2660 ***
1.2440 ***
1.2258 Last
1.1800 ***
1.1645 ***
1.1400 **
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 09:11 UTC+1
Price reference: 1.2258 last known on 03-22-2023 at 09:11 UTC+1
Investment horizon: ST