Our pivot point stands at 141.86.
Our preference: the downside prevails as long as 141.86 is resistance.
Alternative scenario: the upside breakout of 141.86, would call for 142.50 and 142.88.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 141.80 and 141.55).
Supports and resistances:
142.88 **
142.50 *
141.86 **
141.61
141.33 last
140.50
140.12 **
139.74 *
139.36 **
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 03-28-2023 at 05:28 UTC+1
Price reference: 141.33 last known on 03-28-2023 at 05:28 UTC+1
Investment horizon: INTRADAY