Our pivot point stands at 72050.
Our preference: the downside prevails as long as 72050 is resistance.
Alternative scenario: the upside breakout of 72050, would call for 73280 and 74010.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 71294 and 72433).
Supports and resistances:
74010 **
73280 *
72050 **
71560
71021 last
69050
68320 **
67590 *
66870 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-14-2024 at 22:12 UTC+1
Price reference: 71021 last known on 03-14-2024 at 22:12 UTC+1
Investment horizon: INTRADAY
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