Our pivot point stands at 136.67.
Our preference: rebound towards 138.37.
Alternative scenario: the downside breakout of 136.67 would call for 136.07 and 135.72.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 137.20 and 137.30).
Supports and resistances:
139.09 **
138.73 *
138.37 **
138.02
137.15 last
136.91
136.67 **
136.07 *
135.72 **
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 03-08-2023 at 19:30 UTC+1
Price reference: 137.15 last known on 03-08-2023 at 19:30 UTC+1
Investment horizon: INTRADAY