Pivot: 132.15
Our preference: short positions below 132.15 with targets at 131.20 & 130.70 in extension.
Alternative scenario: above 132.15 look for further upside with 132.50 & 132.80 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
132.80
132.50
132.15
131.50 Last
131.20
130.70
130.40
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 04-05-2023 at 01:50 UTC+1
Price reference: 131.50 last known on 04-05-2023 at 01:50 UTC+1
Investment horizon: INTRADAY