Pivot: 1.2300


    Our preference: short positions below 1.2300 with targets at 1.2260 & 1.2245 in extension.


    Alternative scenario: above 1.2300 look for further upside with 1.2325 & 1.2345 as targets.


    Comment: as long as 1.2300 is resistance, look for choppy price action with a bearish bias.


    Supports and resistances:


    1.2345


    1.2325


    1.2300


    1.2276 Last


    1.2260


    1.2245


    1.2220


    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 08:22 UTC+1


    Price reference: 1.2276 last known on 03-24-2023 at 08:22 UTC+1


    Investment horizon: INTRADAY