Pivot: 1.2270
Our preference: long positions above 1.2270 with targets at 1.2345 & 1.2365 in extension.
Alternative scenario: below 1.2270 look for further downside with 1.2245 & 1.2220 as targets.
Comment: the RSI advocates for further upside.
Supports and resistances:
1.2400
1.2365
1.2345
1.2312 Last
1.2270
1.2245
1.2220
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 15:04 UTC+1
Price reference: 1.2312 last known on 03-23-2023 at 15:04 UTC+1
Investment horizon: INTRADAY