Our pivot point stands at 1.3260.
Our preference: the upside prevails as long as 1.3260 is support.
Alternative scenario: the downside breakout of 1.3260 would call for 1.3232 and 1.3216.
Comment: the RSI is above its neutrality area at 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 1.3272 and 1.3261).
Supports and resistances:
1.3369 **
1.3352 *
1.3335 **
1.3318
1.3284 last
1.3271
1.3260 **
1.3232 *
1.3216 **
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 04-05-2023 at 21:55 UTC+1
Price reference: 1.3284 last known on 04-05-2023 at 21:55 UTC+1
Investment horizon: INTRADAY