141.80 is our pivot point.
Our preference: the downside prevails as long as 141.80 is resistance.
Alternative scenario: above 141.80, look for 142.44 and 142.82.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 141.57 and 142.24).
Supports and resistances:
142.82 **
142.44 *
141.80 **
141.55
141.27 last
140.39
140.01 **
139.63 *
139.25 **
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 03-24-2023 at 04:29 UTC+1
Price reference: 141.27 last known on 03-24-2023 at 04:29 UTC+1
Investment horizon: INTRADAY