Pivot: 0.8960
Our preference: long positions above 0.8960 with targets at 0.9000 & 0.9020 in extension.
Alternative scenario: below 0.8960 look for further downside with 0.8940 & 0.8920 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.9040
0.9020
0.9000
0.8974 Last
0.8960
0.8940
0.8920
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 04-18-2023 at 05:25 UTC+1
Price reference: 0.8974 last known on 04-18-2023 at 05:25 UTC+1
Investment horizon: INTRADAY