Our pivot point is at 132.34.


Our preference: as long as 132.34 is support look for 133.71.


Alternative scenario: the downside breakout of 132.34 would call for 131.81 and 131.50.


Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 132.45 and 131.84).


Supports and resistances:


134.34 **


134.02 *


133.71 **


133.39


132.76 last


132.55


132.34 **


131.81 *


131.50 **


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 03-29-2023 at 21:37 UTC+1


Price reference: 132.76 last known on 03-29-2023 at 21:37 UTC+1


Investment horizon: INTRADAY