Our pivot point stands at 102.00.
Our preference: the upside prevails as long as 102 is support.
Alternative scenario: below 102, expect 101.72 and 101.55.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 102.10 and 101.97).
Supports and resistances:
103.09 **
102.92 *
102.75 **
102.58
102.23 last
102.12
102.00 **
101.72 *
101.55 **
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 03-31-2023 at 20:22 UTC+1
Price reference: 102.2300 last known on 03-31-2023 at 20:22 UTC+1
Investment horizon: INTRADAY