Our pivot point is at 131.10.
Our preference: as long as 131.10 is support look for 132.72.
Alternative scenario: below 131.10, expect 130.53 and 130.19.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 131.47 and 131.07).
Supports and resistances:
133.40 **
133.06 *
132.72 **
132.39
131.68 last
131.33
131.10 **
130.53 *
130.19 **
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 03-27-2023 at 20:04 UTC+1
Price reference: 131.68 last known on 03-27-2023 at 20:04 UTC+1
Investment horizon: INTRADAY