143.53 is our pivot point.
Our preference: rebound towards 145.42.
Alternative scenario: the downside breakout of 143.53 would call for 142.87 and 142.48.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 144.28 and 144.71).
Supports and resistances:
146.19 **
145.81 *
145.42 **
145.03
144.07 last
143.78
143.53 **
142.87 *
142.48 **
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 04-03-2023 at 01:14 UTC+1
Price reference: 144.07 last known on 04-03-2023 at 01:14 UTC+1
Investment horizon: INTRADAY