63.3 is our pivot point.
Our preference: the upside prevails as long as 63.3 is support.
Alternative scenario: the downside breakout of 63.3 would call for 62.1 and 61.3.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 63.9 and 63.4).
Supports and resistances:
68.2 **
67.5 *
66.7 **
66.0
64.3 last
63.8
63.3 **
62.1 *
61.3 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-04-2024 at 08:49 UTC+1
Price reference: 64.3 last known on 10-04-2024 at 08:49 UTC+1
Investment horizon: INTRADAY
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