Pivot: 1.2240
Our preference: long positions above 1.2240 with targets at 1.2310 & 1.2345 in extension.
Alternative scenario: below 1.2240 look for further downside with 1.2205 & 1.2185 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.2370
1.2345
1.2310
1.2286 Last
1.2240
1.2205
1.2185
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 12:23 UTC+1
Price reference: 1.2286 last known on 03-22-2023 at 12:23 UTC+1
Investment horizon: INTRADAY