Pivot: 1.0850
Our preference: long positions above 1.0850 with targets at 1.0910 & 1.0940 in extension.
Alternative scenario: below 1.0850 look for further downside with 1.0825 & 1.0800 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.0970
1.0940
1.0910
1.0874 Last
1.0850
1.0825
1.0800
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 12-04-2023 at 11:24 UTC+1
Price reference: 1.0874 last known on 12-04-2023 at 11:24 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