Our pivot point stands at 93.9.
Our preference: as long as 93.9 is support look for 98.6.
Alternative scenario: below 93.9, expect 92.1 and 91.0.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 95.2 and 93).
Supports and resistances:
100.8 **
99.7 *
98.6 **
97.5
95.4 last
94.6
93.9 **
92.1 *
91.0 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-15-2023 at 02:22 UTC+1
Price reference: 95.4 last known on 02-15-2023 at 02:22 UTC+1
Investment horizon: INTRADAY
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