Our pivot point stands at 65.6.
Our preference: the upside prevails as long as 65.6 is support.
Alternative scenario: below 65.6, expect 64.0 and 63.0.
Comment: the RSI is above 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 66.7 and 66.6).
Supports and resistances:
71.8 **
70.9 *
69.9 **
69.0
66.8 last
66.2
65.6 **
64.0 *
63.0 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-19-2024 at 21:50 UTC+1
Price reference: 66.8 last known on 08-19-2024 at 21:50 UTC+1
Investment horizon: INTRADAY
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