Pivot: 1.2055
Our preference: long positions above 1.2055 with targets at 1.2180 & 1.2220 in extension.
Alternative scenario: below 1.2055 look for further downside with 1.2020 & 1.1980 as targets.
Comment: the break above 1.2055 is a positive signal that has opened a path to 1.2180.
Supports and resistances:
1.2260
1.2220
1.2180
1.2111 Last
1.2055
1.2020
1.1980
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 03-13-2023 at 07:39 UTC+1
Price reference: 1.2111 last known on 03-13-2023 at 07:39 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf