132.18 is our pivot point.
Our preference: as long as 132.18 is support look for 133.67.
Alternative scenario: below 132.18, expect 131.60 and 131.26.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (132.67) but above its 50 period moving average (132.54).
Supports and resistances:
134.35 **
134.01 *
133.67 **
133.33
132.63 last
132.40
132.18 **
131.60 *
131.26 **
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 18:41 UTC+1
Price reference: 132.63 last known on 03-22-2023 at 18:41 UTC+1
Investment horizon: INTRADAY