Our pivot point is at 89.66.


Our preference: as long as 89.66 is support look for 90.84.


Alternative scenario: the downside breakout of 89.66 would call for 89.22 and 88.96.


Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 90.05 and 89.93).


Supports and resistances:


91.36 **


91.10 *


90.84 **


90.58


90.06 last


89.83


89.66 **


89.22 *


88.96 **


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 04-18-2023 at 03:06 UTC+1


Price reference: 90.06 last known on 04-18-2023 at 03:06 UTC+1


Investment horizon: INTRADAY