Pivot: 1.2665
Our preference: long positions above 1.2665 with targets at 1.2720 & 1.2745 in extension.
Alternative scenario: below 1.2665 look for further downside with 1.2645 & 1.2625 as targets.
Comment: the RSI calls for a bounce.
Supports and resistances:
1.2765
1.2745
1.2720
1.2701 Last
1.2665
1.2645
1.2625
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 12-05-2024 at 00:49 UTC+1
Price reference: 1.2701 last known on 12-05-2024 at 00:49 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