Our pivot point stands at 144.60.
Our preference: as long as 144.60 is support look for 146.57.
Alternative scenario: below 144.60, expect 143.89 and 143.46.
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 (145.18) but above its 50 period moving average (145).
Supports and resistances:
147.42 **
147.00 *
146.57 **
146.15
145.17 last
144.88
144.60 **
143.89 *
143.46 **
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 04-11-2023 at 12:11 UTC+1
Price reference: 145.17 last known on 04-11-2023 at 12:11 UTC+1
Investment horizon: INTRADAY