68570 is our pivot point.
Our preference: the downside prevails as long as 68570 is resistance.
Alternative scenario: above 68570, look for 70040 and 70920.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 67679 and 67541).
Supports and resistances:
70920 **
70040 *
68570 **
67990
67389 last
65640
64760 **
63880 *
63010 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-05-2024 at 11:00 UTC+1
Price reference: 67389 last known on 04-05-2024 at 11:00 UTC+1
Investment horizon: INTRADAY
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