Our pivot point stands at 92.7.
Our preference: rebound.
Alternative scenario: below 92.7, expect 90.4 and 89.0.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (93.9) but below its 50 period moving average (95.1).
Supports and resistances:
101.5 **
100.1 *
98.7 **
97.4
94.6 last
93.6
92.7 **
90.4 *
89.0 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-15-2024 at 02:15 UTC+1
Price reference: 94.6 last known on 03-15-2024 at 02:15 UTC+1
Investment horizon: INTRADAY
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