Our pivot point is at 88.43.


Our preference: as long as 88.43 is support look for 89.64.


Alternative scenario: below 88.43, expect 88.02 and 87.78.


Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 88.72 and 88.48).


Supports and resistances:


90.12 **


89.88 *


89.64 **


89.39


88.79 last


88.59


88.43 **


88.02 *


87.78 **


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 04-11-2023 at 03:54 UTC+1


Price reference: 88.79 last known on 04-11-2023 at 03:54 UTC+1


Investment horizon: INTRADAY