Our pivot point stands at 101.61.
Our preference: rebound towards 102.41.
Alternative scenario: below 101.61, expect 101.33 and 101.16.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 101.98 and 102.20).
Supports and resistances:
102.74 **
102.58 *
102.41 **
102.24
101.90 last
101.72
101.61 **
101.33 *
101.16 **
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 03-30-2023 at 19:45 UTC+1
Price reference: 101.9000 last known on 03-30-2023 at 19:45 UTC+1
Investment horizon: INTRADAY