Pivot: 1.2225
Our preference: long positions above 1.2225 with targets at 1.2300 & 1.2330 in extension.
Alternative scenario: below 1.2225 look for further downside with 1.2200 & 1.2180 as targets.
Comment: the RSI calls for a bounce.
Supports and resistances:
1.2360
1.2330
1.2300
1.2271 Last
1.2225
1.2200
1.2180
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 03-23-2023 at 00:57 UTC+1
Price reference: 1.2271 last known on 03-23-2023 at 00:57 UTC+1
Investment horizon: INTRADAY