Pivot: 131.80
Our preference: long positions above 131.80 with targets at 132.60 & 132.90 in extension.
Alternative scenario: below 131.80 look for further downside with 131.50 & 131.20 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
133.30
132.90
132.60
132.28 Last
131.80
131.50
131.20
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 03-22-2023 at 01:02 UTC+1
Price reference: 132.28 last known on 03-22-2023 at 01:02 UTC+1
Investment horizon: INTRADAY