Pivot: 1.0870
Our preference: short positions below 1.0870 with targets at 1.0800 & 1.0775 in extension.
Alternative scenario: above 1.0870 look for further upside with 1.0900 & 1.0930 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
1.0930
1.0900
1.0870
1.0831 Last
1.0800
1.0775
1.0755
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 03-24-2023 at 01:02 UTC+1
Price reference: 1.0831 last known on 03-24-2023 at 01:02 UTC+1
Investment horizon: INTRADAY