Our pivot point stands at 84.72.
Our preference: the upside prevails as long as 84.72 is support.
Alternative scenario: below 84.72, expect 84.32 and 84.08.
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 84.99 and 85.02).
Supports and resistances:
86.26 **
86.02 *
85.78 **
85.54
85.05 last
84.88
84.72 **
84.32 *
84.08 **
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 03-02-2023 at 21:47 UTC+1
Price reference: 85.05 last known on 03-02-2023 at 21:47 UTC+1
Investment horizon: INTRADAY