Pivot: 131.40
Our preference: short positions below 131.40 with targets at 130.60 & 130.30 in extension.
Alternative scenario: above 131.40 look for further upside with 131.60 & 131.85 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
131.85
131.60
131.40
130.89 Last
130.60
130.30
130.00
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 04-06-2023 at 01:47 UTC+1
Price reference: 130.89 last known on 04-06-2023 at 01:47 UTC+1
Investment horizon: INTRADAY