Pivot: 1.2400
Our preference: long positions above 1.2400 with targets at 1.2465 & 1.2485 in extension.
Alternative scenario: below 1.2400 look for further downside with 1.2370 & 1.2345 as targets.
Comment: the break above 1.2400 is a positive signal that has opened a path to 1.2465.
Supports and resistances:
1.2510
1.2485
1.2465
1.2419 Last
1.2400
1.2370
1.2345
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 04-11-2023 at 17:51 UTC+1
Price reference: 1.2419 last known on 04-11-2023 at 17:51 UTC+1
Investment horizon: INTRADAY