66710 is our pivot point.
Our preference: the upside prevails as long as 66710 is support.
Alternative scenario: the downside breakout of 66710 would call for 65680 and 65070.
Comment: the RSI is above its neutrality area at 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 67370 and 67265).
Supports and resistances:
70620 **
70010 *
69400 **
68780
67561 last
67110
66710 **
65680 *
65070 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-18-2024 at 06:05 UTC+1
Price reference: 67561 last known on 10-18-2024 at 06:05 UTC+1
Investment horizon: INTRADAY
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