Our pivot point stands at 142.60.
Our preference: the upside prevails as long as 142.60 is support.
Alternative scenario: the downside breakout of 142.60 would call for 141.90 and 141.48.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 142.99 and 143.10).
Supports and resistances:
145.43 **
145.01 *
144.58 **
144.16
143.24 last
142.88
142.60 **
141.90 *
141.48 **
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 04-06-2023 at 12:17 UTC+1
Price reference: 143.24 last known on 04-06-2023 at 12:17 UTC+1
Investment horizon: INTRADAY