Our pivot point stands at 147.14.
Our preference: the downside prevails as long as 147.14 is resistance.
Alternative scenario: above 147.14, look for 147.86 and 148.29.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 146.54 and 146.52).
Supports and resistances:
148.29 **
147.86 *
147.14 **
146.86
146.47 last
145.58
145.16 **
144.73 *
144.30 **
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 04-14-2023 at 12:17 UTC+1
Price reference: 146.47 last known on 04-14-2023 at 12:17 UTC+1
Investment horizon: INTRADAY