Pivot: 1.2500
Our preference: long positions above 1.2500 with targets at 1.2540 & 1.2560 in extension.
Alternative scenario: below 1.2500 look for further downside with 1.2480 & 1.2460 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.2580
1.2560
1.2540
1.2522 Last
1.2500
1.2480
1.2460
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-14-2023 at 01:55 UTC+1
Price reference: 1.2522 last known on 04-14-2023 at 01:55 UTC+1
Investment horizon: INTRADAY
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