Our pivot point stands at 37520.
Our preference: the upside prevails as long as 37520 is support.
Alternative scenario: the downside breakout of 37520 would call for 36940 and 36600.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 37786 and 37798).
Supports and resistances:
39710 **
39370 *
39030 **
38690
37966 last
37740
37520 **
36940 *
36600 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-01-2023 at 04:20 UTC+1
Price reference: 37966 last known on 12-01-2023 at 04:20 UTC+1
Investment horizon: INTRADAY
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