Our pivot point is at 65120.
Our preference: the upside prevails as long as 65120 is support.
Alternative scenario: below 65120, expect 63670 and 62810.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 65870 and 65872).
Supports and resistances:
70680 **
69820 *
68960 **
68090
66343 last
65690
65120 **
63670 *
62810 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-03-2024 at 08:59 UTC+1
Price reference: 66343 last known on 04-03-2024 at 08:59 UTC+1
Investment horizon: INTRADAY
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