Pivot: 0.8985
Our preference: short positions below 0.8985 with targets at 0.8940 & 0.8920 in extension.
Alternative scenario: above 0.8985 look for further upside with 0.9010 & 0.9035 as targets.
Comment: as long as 0.8985 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
0.9035
0.9010
0.8985
0.8965 Last
0.8940
0.8920
0.8900
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 04-13-2023 at 06:17 UTC+1
Price reference: 0.8965 last known on 04-13-2023 at 06:17 UTC+1
Investment horizon: INTRADAY