Our pivot point stands at 100.91.
Our preference: the downside prevails as long as 100.91 is resistance.
Alternative scenario: the upside breakout of 100.91, would call for 101.21 and 101.39.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 100.81 and 101.05).
Supports and resistances:
101.39 **
101.21 *
100.91 **
100.79
100.63 last
100.27
100.08 **
99.90 *
99.72 **
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 04-13-2023 at 20:03 UTC+1
Price reference: 100.6250 last known on 04-13-2023 at 20:03 UTC+1
Investment horizon: INTRADAY