Our pivot point stands at 66.3.
Our preference: the downside prevails as long as 66.3 is resistance.
Alternative scenario: above 66.3, look for 67.6 and 68.3.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 65.6 and 65.5).
Supports and resistances:
68.3 **
67.6 *
66.3 **
65.8
65.3 last
63.8
63.1 **
62.4 *
61.6 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-10-2024 at 03:09 UTC+1
Price reference: 65.3 last known on 07-10-2024 at 03:09 UTC+1
Investment horizon: INTRADAY
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