Our pivot point is at 84.55.
Our preference: the upside prevails as long as 84.55 is support.
Alternative scenario: below 84.55, expect 84.15 and 83.91.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 84.69 and 84.42).
Supports and resistances:
86.19 **
85.95 *
85.71 **
85.47
84.94 last
84.71
84.55 **
84.15 *
83.91 **
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 11:48 UTC+1
Price reference: 84.94 last known on 03-01-2023 at 11:48 UTC+1
Investment horizon: INTRADAY