82.39 is our pivot point.
Our preference: the upside prevails as long as 82.39 is support.
Alternative scenario: below 82.39, expect 80.23 and 78.95.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 84 and 83.67).
Supports and resistances:
90.94 **
89.65 *
88.36 **
87.07
84.25 last
83.24
82.39 **
80.23 *
78.95 **
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 12:01 UTC+1
Price reference: 84.25 last known on 03-07-2023 at 12:01 UTC+1
Investment horizon: ST