Our pivot point stands at 145.68.
Our preference: the downside prevails as long as 145.68 is resistance.
Alternative scenario: the upside breakout of 145.68, would call for 146.47 and 146.94.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 145.20 and 145.32).
Supports and resistances:
146.94 **
146.47 *
145.68 **
145.37
145.03 last
144.07
143.60 **
143.13 *
142.66 **
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 10:43 UTC+1
Price reference: 145.03 last known on 04-05-2023 at 10:43 UTC+1
Investment horizon: INTRADAY