Our pivot point is at 146.20.
Our preference: the downside prevails as long as 146.20 is resistance.
Alternative scenario: above 146.20, look for 146.67 and 146.94.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 146.06 and 145.90).
Supports and resistances:
146.94 **
146.67 *
146.20 **
146.02
145.79 last
145.19
144.92 **
144.64 *
144.37 **
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 03-07-2023 at 12:06 UTC+1
Price reference: 145.79 last known on 03-07-2023 at 12:06 UTC+1
Investment horizon: INTRADAY