Our pivot point stands at 1.3246.
Our preference: the upside prevails as long as 1.3246 is support.
Alternative scenario: the downside breakout of 1.3246 would call for 1.3219 and 1.3203.
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 1.3257 and 1.3266).
Supports and resistances:
1.3351 **
1.3334 *
1.3318 **
1.3302
1.3268 last
1.3257
1.3246 **
1.3219 *
1.3203 **
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 21:10 UTC+1
Price reference: 1.3268 last known on 03-23-2023 at 21:10 UTC+1
Investment horizon: INTRADAY