Our pivot point stands at 144.55.
Our preference: the downside prevails as long as 144.55 is resistance.
Alternative scenario: the upside breakout of 144.55, would call for 145.11 and 145.45.
Comment: the RSI is below 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 144.32 and 144.52).
Supports and resistances:
145.45 **
145.11 *
144.55 **
144.33
144.05 last
143.34
143.01 **
142.67 *
142.34 **
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 03-01-2023 at 00:08 UTC+1
Price reference: 144.05 last known on 03-01-2023 at 00:08 UTC+1
Investment horizon: INTRADAY