Our pivot point is at 3436.
Our preference: as long as 3436 is support look for 3602.
Alternative scenario: the downside breakout of 3436 would call for 3374 and 3337.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 3481 and 3446).
Supports and resistances:
3676 **
3639 *
3602 **
3564
3485 last
3461
3436 **
3374 *
3337 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-04-2024 at 04:21 UTC+1
Price reference: 3485 last known on 03-04-2024 at 04:21 UTC+1
Investment horizon: INTRADAY
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