Our pivot point stands at 3389.
Our preference: rebound towards 3571.
Alternative scenario: below 3389, expect 3319 and 3278.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3447 and 3461).
Supports and resistances:
3654 **
3613 *
3571 **
3530
3445 last
3416
3389 **
3319 *
3278 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-02-2024 at 09:42 UTC+1
Price reference: 3445 last known on 07-02-2024 at 09:42 UTC+1
Investment horizon: INTRADAY
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