Our pivot point is at 87.97.
Our preference: the upside prevails as long as 87.97 is support.
Alternative scenario: below 87.97, expect 87.57 and 87.33.
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 88.01 and 88.12).
Supports and resistances:
89.58 **
89.34 *
89.10 **
88.86
88.33 last
88.12
87.97 **
87.57 *
87.33 **
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 03-21-2023 at 11:16 UTC+1
Price reference: 88.33 last known on 03-21-2023 at 11:16 UTC+1
Investment horizon: INTRADAY