Our pivot point stands at 56460.
Our preference: as long as 56460 is support look for 58820.
Alternative scenario: below 56460, expect 55540 and 54990.
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 57003 and 56817).
Supports and resistances:
59910 **
59370 *
58820 **
58270
57180 last
56820
56460 **
55540 *
54990 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-28-2024 at 06:50 UTC+1
Price reference: 57180 last known on 02-28-2024 at 06:50 UTC+1
Investment horizon: INTRADAY
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