Our pivot point is at 1.3687.
Our preference: the upside prevails as long as 1.3687 is support.
Alternative scenario: below 1.3687, expect 1.3647 and 1.3623.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.3710 and 1.3709).
Supports and resistances:
1.3847 **
1.3823 *
1.3799 **
1.3775
1.3725 last
1.3703
1.3687 **
1.3647 *
1.3623 **
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 18:38 UTC+1
Price reference: 1.3725 last known on 03-22-2023 at 18:38 UTC+1
Investment horizon: INTRADAY