Our pivot point stands at 72550.
Our preference: eye 68320.
Alternative scenario: the upside breakout of 72550, would call for 74160 and 75120.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is below its 20 period moving average (71642) but above its 50 period moving average (71239).
Supports and resistances:
75120 **
74160 *
72550 **
71910
71265 last
69280
68320 **
67360 *
66400 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-09-2024 at 04:30 UTC+1
Price reference: 71265 last known on 04-09-2024 at 04:30 UTC+1
Investment horizon: INTRADAY
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